(1) Every cooperative society shall record in the minutes books, in the official language of its station or in English or in any other language prescribed in the bye-laws, proceedings of every general meeting, delegate general body meeting and Board meeting and the names of the members or delegates present thereat and shall be confirmed at the same or the next meeting. The proceedings of all General Meetings and Special General Meeting of every cooperative society complete in all respects as provided in the Act and bye- laws shall be sent to the Registrar within fifteen days from the date of completion of such meeting with due acknowledgement.
The Registrar shall give his approval on the resolutions within fifteen days of receipt of the proceedings. If no approval is received within the aforesaid period, the proceeding shall be deemed to have been approved.
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(2) The minutes so recorded shall be signed -
(a) in the case of a general meeting or delegate general body meeting, by the person who presided the said meeting, or in the event of his death, unwillingness or incapacity to sign the minutes within the time required, by the Chief Executive of the cooperative society for the purpose of submission of proceedings for approval and which shall be confirmed in the following meeting ;
(b) in the case of a Board meeting by the person who presided the said meeting or by the person who presides the following meeting, wherein the minutes are confirmed
(3) In the matter of inclusion of any matter in the minutes of general meeting or Board meeting, which in the opinion of the Chairman of the meeting, -
(a) is or could reasonably be regarded as defamatory of any person;
(b) is irrelevant or immaterial to the proceedings or,
(c) is detrimental to the interest of the society, the Chairperson shall exercise discretion in regards to inclusion or deletion in the minutes on the grounds specified above.
VACANCIES ETC NOT TO INVALIDATE PROCEEDINGS
46.
PROCEEDING OF 47.
MEETING TO BE DEEMED TO BE GOOD AND VALID No act or proceeding of the cooperative society, Board or of any office constituted or appointed under this Act shall be questioned on accounts of any vacancy in the membership or any defect in the election or qualification of the President I Chairman, Vice-President / Vice Chairman, Director, delegate or representative or any defect or irregularity in such act or proceeding not affecting the merit of the case.
Unless contrary is proved every meeting of the general body or the Board shall be deemed to have been duly convened and held and, all members of the meeting shall be deemed to have been duly qualified when the minutes of the meeting have been signed in accordance with the provisions of this Act. However, the proceedings of the Annual General Meeting and all general meetings shall require approval of the Registrar as provided under section 45.
V ' - ' POWER TO DEPUTE GOVT SERVENTTO MANAGE THE AFFAIRS OF A COOPERATIVE SOCIETY 48 The State Government may, on application supported by a resolution of the Board of a registered cooperative society and on such terms and conditions, depute Government, officials to the service of the cooperative society for the purpose of managing the affairs of the cooperative society and the official shall exercise such powers and such duties as may be determined by the State Government and acceptable by the borrowing cooperative society.
CHIEF EXECUTIVE, HIS POWERS AND FUNCTIONSAND STAFF