Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 31] [Entire Act]

State of Meghalaya - Subsection

Section 31(3) in The Meghalaya Co-operative Societies Act

(3)The supreme authority of a registered society shall be vested in the General Assembly ; Provided that during the pendency of any loan or service from the Government of Meghalaya or any other creditor secured at the instance of the Government of Meghalaya, the supreme authority in respect of any matter adversely affecting the interests of the Government of Meghalaya or the said creditor touching such loan or service shall be vested in the Government of Meghalaya or the Registrar as may be provided in the bye-laws, or any person authorised by them in writing and may extend to the appointment of officers to hold any of the offices of the society or any persons to be ex officio members of the Administrative Council, managing body or any committee of the society even if not members of the society. This supreme authority of the Government of Meghalaya or Registrar may also be exercised in the absence of any loan or service when the Government of Meghalaya or Registrar, as the case may be, deem their intervention to be necessary in the interests of the members of the society or of the co-operative movement in general. The Government of Meghalaya or the Registrar, as the case may be, may fix the salary of any such appointed officer and declare it to be a charge on the society. The) may cancel any such appointments by them.