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Section 24: Annual general meeting

The Punjab Co-Operative Societies Act, 1961Union territory Act of Chandigarh · Act 25 of 1961

A general meeting of a co-operative society shall be held once in a year for the purpose of -

(a) approval of the programme of the activities of the society prepared by the committee for the ensuing year;

(b) election, if any, of the members of the committee other than nominated members ;

(c) consideration of the audit report and the annual report ;

(d) disposal of the net profits ; and

(e) consideration of any other matter which may be brought forward in accordance with the bye-laws :

F [Provided that where the committee of any co-operative society has divided the area of operation of the society into zones in the manner laid down in sub-section (1-A) of section 26, election of the members of the committee may not be held in general meeting.]

SECTION - 25

Where this provision sits

ActThe Punjab Co-Operative Societies Act, 1961
Section24
Marginal noteAnnual general meeting
JurisdictionUnion territory of Chandigarh
StatusIn force as published by the source

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