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[Cites 0, Cited by 0] [Section 6] [Entire Act]

State of Chattisgarh - Subsection

Section 6(1) in The Chhattisgarh Co-operative Societies Rules, 1962

(1)Every application for registration under sub-section (1) of Section 7 shall be accompanied by bye-laws dealing with the following matters:-
(a)the name, address and area of operation of the society;
(b)objects of the society;
(c)the services to be provided to its members;
(d)the eligibility for obtaining membership;
(e)the procedure for obtaining membership;
(f)the terms and conditions for continuing as member;
(g)the time limit before which a potential member must seek and obtain membership in order to continue to use the services of the society;
(h)the procedure for withdrawal/transfer of membership;
(i)the procedure for termination and cessation of membership;
(j)the rights of members;
(k)the fixation of minimum performance required annually of each member vis-a-vis use of services, financial commitment and participation in meetings, in order to be eligible to exercise the right of membership including the right of vote;
(l)the consequences of default in payment of any sum due to a member;
(m)the nature and amount of capital, if any, of the society;
(n)the maximum capital to which a single member can subscribe;
(o)the nature and extent of the liability of the members for the debts contracted by the society;
(p)the sources and types of funds to be raised by the society;
(q)the purposes for which the funds may be applied;
(r)the extent and conditions under which deposits, loans, debentures and other funds may be mobilised;
(s)the conditions and purposes for which State aid and aid from other financial institutions may be obtained;
(t)the manner of disposal of surplus;
(u)the constitutions of various funds, reserves and their purposes;
(v)the manner of convening general and other special meetings and quorum thereof;
(w)the frequency of general meetings;
(x)the role of the general body and subjects which shall be dealt with by the general body;
(y)the manner of making or amending bye-laws;
(z)the procedure for conducting elections;
(aa)the procedure for conducting election in case the Registrar fails to do so;
(bb)the constitution of the board of directors;
(cc)eligibility for becoming director;
(dd)conditions for retaining directorship;
(ee)the terms of office of the directors, chairman and office bearers;
(ff)the procedure for removal of Chairman, office bearers, directors and for filling of vacancies;
(gg)the manner of convening the board meetings and its quorum;
(hh)the frequency of board meetings;
(ii)powers and functions of office bearers including chairman;
(jj)powers and functions of Chief executive;
(kk)penalties for acting against the interest of members and for non-fulfillment of duties by members, directors and staff;
(ll)the appointment and role of auditors and procedure for conduct of audit where the society fails to make necessary arrangements and time limit for audit compliance;
(mm)the authorisation of an officer or officers to sign documents and to institute and defend suits and other legal proceedings on behalf of the society;
(nn)the terms on which a SOciety may deal with nonmembers;
(oo)the terms on which a society may associate with other cooperative societies;
(pp)the terms on which a society may deal with other than co-operative;
(qq)the rights, if any, which the society may confer on any society or other federations and the circumstances under which these rights may be exercised by the federation/s;
(rr)the manner of disposal of funds under liquidation;
(ss)the accounting year for the society;
(tt)the transfer of shares and interest in the name of a nominee in case of death of a member;
(uu)the procedure of dissolution of the society;
(vv)the restriction, if any, on services to non-members;
(ww)to organise self-help groups of people living in its area and to conduct education and training programmes.