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Section 40

The Lakshadweep Co-Operative Societies Regulation, 2022Regulations · 2022

(1) A society may, by resolution passed by three-fourths majority of all the members present and voting at a general meeting of members held for the purpose, expel a member for acts which are detrimental to the proper working of the society:

Provided that, no resolution shall be,—

(i) valid, unless the member concerned is given an opportunity of representing his case to the general body; and Share or interest not liable to attachment.

Rights of members to see books, etc.

Liability of person who has ceased to be member.

Insolvency of members.

Expulsion of members.

1 6 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—

(ii) effective unless it is submitted to the Registrar for his approval and approved by him:

Provided further that the approval or disapproval of the Registrar shall be communicated to the society within a period of three months from the date of such submission.

(2) No member of a society who has been expelled under sub-section (1) shall be eligible for re-admission as a member of that society, or for admission as a member of any other society, for a period of two years from the date of such expulsion:

Provided that the Registrar may, in special circumstances, sanction the re-admission or admission, within the said period, of any such member as a member of the said society or of any other society, as the case may be.

Societies to be bodies corporate.

Address of societies.

Register of members.

Admissibility of copy of entry as evidence.

CHAPTER IV INCORPORATION, DUTIES AND PRIVILEGES OF SOCIETIES

41. A society on its registration shall be a body corporate by the name under which it is registered, with perpetual succession and a common seal, and with power to acquire, hold and dispose of property, to enter into contracts, to institute and defend suits and other legal proceedings, and to do all such things as are necessary for the purpose for which it is incorporated.

42. Every society shall have an address, registered in accordance with the rules, to which all notices and communications may be sent; and the society shall send notice in writing to the Registrar of any change in the said address, within thirty days thereof.

Where this provision sits

ActThe Lakshadweep Co-Operative Societies Regulation, 2022
Section40
StatusIn force as published by the source

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