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