CourtMesh

Section 25: Powers & Duties of Board The powers and duties of the Board of Directors shall be

Bye Laws of HAFED, 2004State Regulations of Haryana · 1984

a) to elect the Chairman and the Vice-Chairman of the Board of Directors.

b) to appoint the Executive Committee;

(ii) to appoint the Administrative Committee or other Sub Committee.

Provided that in the absence of such committees the powers shall vest in Board of Directors /Boards of Administrators.

c) to hear and decide appeal against the order of Execution Committee in cases expressly provided for these bye-laws;

d) to appoint staff within the sanctioned strength as may be necessary and to determine their conditions of services subject to the approval of the Registrar.

e) to give directions to the Managing Director for convening a meeting of the General Body of the Federation and to present the Annual Report and Balance Sheet in the Annual General Body Meeting;

f) to open branch offices at suitable centres and fix their jurisdiction, and to appoint local committees, if necessary, from amongst the share holders for supervising the business and working of such branches, and to define the power of such local committees.

(g) to frame and subsequently amend rules for regulating the business and working of the Federation consistent with the provisions of these bye laws.

(h) to purchase shares of other co-operative institutions and to invest the surplus funds of the Federation according to the Act and Rules framed there under ;

(i) to open and to operate accounts with cooperative banks and other commercial banks approved by the Registrar and to raise loan on suitable terms and conditions.

(j) generally to supervise all affairs of the Federation.

(k) to appoint persons to represent the Federation on other cooperative societies and other institutions whenever and where-ever required.

9 | P a g e

(l) To allocate the profits of the Federation as per provisions of Act, Rules and Byelaws.

26. Executive Committee- Constitution There shall be an Executive Committee of the Federation consisting of seven Directors constituted in the following manner :

a) Chairman of the Board of Directors.

b) Vice-Chairman of the Board of Directors c) Registrar, Co-operative Societies, Haryana or his nominee;

d) Managing Director of the Federation;

e) Three Directors to be appointed by the Board of Directors out of its remaining members.

Three members shall form quorum of the Executive Committee. In case of emergency an item can be got sanctioned from the Executive Committee members through circulation and the same shall be placed before the next Executive Committee meeting for its confirmation.

Where this provision sits

ActBye Laws of HAFED, 2004
Section25
Marginal notePowers & Duties of Board The powers and duties of the Board of Directors shall be
JurisdictionState of Haryana
StatusIn force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

  • Search 49,000+ Central and State enactments by what a provision says, not by its number
  • Jump from any section to every judgment that has applied it
  • Search 300 million+ Indian court records alongside the statute
  • Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? Bye Laws of HAFED, 2004 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.