Section 404 in The U.P. Co-operative Societies Rules, 1968
404.
At the first general meeting referred to in the Rule 402, the following business shall be transacted in the order given below -(i)election of the person to preside over the meeting (election to be held by show of hands);(ii)consideration of the statement of accounts, since the organisation of the society to the date of meeting;(iii)constitution of a provisional Committee of Management from out of the persons entitled to participate in the meeting as provided in sub-rule (i) of Rule 402;(iv)election of Chairman and Vice-Chairman of the society from amongst the members of the provisional committee;(v)fixation of maximum liability to be incurred by the society tall the first annual general meeting of the society;(vi)admission of new members; and(vii)any other matter which may be necessary in view of the bye-laws of the society.
