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Final authority in a co-operative society

(1) The final authority in a co-operative society shall vest in the general body of members : 

Provided that where the bye-laws of a co-operative society provide for the constitution of a smaller body consisting of delegates of members of the co-operative society elected or selected in accordance with such bye-laws, the smaller body shall exercise such powers of the general body as may be prescribed or as may be specified in the bye-laws of the co-operative society.

(2) Notwithstanding anything contained in sub-section (2) of section 26 each delegate shall have one vote in the affairs of the federal co-operative society.

Last Updated Date :- 09-05-2018

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  • Page last updated on: 22-09-2021