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[Cites 0, Cited by 0] [Section 49] [Entire Act]

State of Chattisgarh - Subsection

Section 49(1) in The Chhattisgarh Co-Operative Societies Act, 1960

(1)Every Society shall within [a period of six months of] [Substituted 'three months before' by C.G. Act No. 6 of 2013, dated 13.2.2013.] the close of financial year call a general meeting of its members for the following purposes of -
(a)approval of the programme of the activities of the society prepared by the committee for the ensuing year;
(b)Election, if fallen due, of the members of the committee.
Explanation. - Election of the committee shall be deemed to have fallen due, if the term of the committee comes to an end within a period of three months from the date of the annual general meeting.
(c)consideration of the audit report, if received and the annual report;
(d)disposal of the net profit;
(e)consideration of any other matter which may be brought forward in accordance with the bye-laws; and
(f)presenting the budget for the next co-operative year :
Provided that the Registrar may, save the meeting in which elections are to be held on expiration of the term of the committee specified in sub-section (7-A), extend the period for holding such meeting, by a further period not exceeding three months :Provided further that in respect of a society where an order of liquidation has been issued under Section 69, annual general meeting shall not be necessary to be called.
(g)[ appointment of Auditor for next financial year.] [Added by C.G. Act No. 6 of 2013, dated 13.2.2013.]
(1-A) The election of the members of the Committee, Chairman, Vice-Chairman, President, Vice-President and representatives, if any shall be conducted by the Returning Officer in the prescribed manner.