Section 75 in Himachal Pradesh Co-Operative Societies Rules, 1971
75. Honorarium.
(1)No honorarium shall be paid by the society unless a resolution sanctioning the same has been passed by the managing committee and approved by the general house of the society and the Registrar.(2)[ The honorarium to be paid shall be 5 percent of the net profit subject to maximum of Rs. 18,000/- per annum.] [Amended vide notification No.Coop. A(3)-1/99-Vol.-III dated 17-2-2009 published in Rajpatra dated 18-2-09.]
