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Union of India - Section

Section 45 in Multi State Co-Operative Societies Act, 1984

45. Powers and Functions of Chief Executive.

- The Chief Executive shall exercise the powers and discharge the functions, specified below, namely: -
(a)day-to-day management of the business of the multi-State co-operative society;
(b)operating the accounts of the multi-State co-operative society and be responsible for making arrangements for safe custody of cash;
(c)signing on the documents for and on behalf of the multi-State cooperative society;
(d)making arrangements for the proper maintenance of various books and records of the multi-State co-operative society and for the correct preparation, timely submission of periodical statement and returns in accordance with the provisions of this Act, the rules and the bye-laws;
(e)convening meetings of the general body of the multi-State cooperative society, the board and the Executive Committee and other committees or sub-committees constituted under sub-section (1) of Section 46 and maintaining proper records for such meetings;
(f)making appointments to posts in the multi-State co-operative society in accordance with the rules made under clause (e) of sub-section (2) of Section 42 except the posts in relation to which the powers of appointment vests in the board under clause (d) of that sub-section;
(g)assisting the board in the formulation of policies and objectives and planning;
(h)furnishing to the board periodical information necessary for appraising the operations and functions of the multi-State co-operative society.
(i)performing such other duties, and exercising such other powers, as may be prescribed or as may be specified in the bye-laws of the multi State co-operative society.