The Andaman and Nicobar Islands Co-operative Societies Regulation, 1973.Regulations · 1973
(1) Every member of a co-operative society shall exercise his vote Manner in person and no member shall be permitted to vote by proxy. exercising vote.
(2) Notwithstanding anything contained in sub-section ( I ) , a cooperative society which is a member of another co-operative society, may, subject to the rules, appoint one of its members to vote on its behalf in the affairs of that other society.
20. The transfer of the sha.re or interest of a member in the capital Restriction of a CO-operative society shall be subject to such conditions as to maxi- on transfer mum holding as are specified in section 6. of shares or interest.
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