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Section 63

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

(1) No expenditure from the funds of a society shall be incurred for the purpose of defraying the costs of any proceedings filed or taken by or against any officer of the society in his personal capacity under any section of this Regulation.

(2) If any question arises whether any expenditure can be so incurred or not, such question shall be referred to and decided by the Registrar, and his decision shall be final.

(3) If any person incurs expenditure in violation of sub-section (1), the Registrar shall direct the person to repay the amount to the society within one month and where such person fails to repay the amount as directed, such amount shall, on a certificate issued by the Registrar, be recoverable as arrears of land revenue.

(4) The person against whom action is taken by the Registrar under sub-section (3) shall be disqualified to continue to be the officer of any society or to be officer of any society at any next election including any next bye-election held immediately after the expiration of a period of one month during which such person has failed to pay the amount referred to in sub-section (3).

6 of 1890.

2 of 1882.

5 of 1970.

40 of 1980.

Final authority of society.

CHAPTER VII MANAGEMENT OF SOCIETIES

64. Subject to the provisions in this Regulation and the rules made thereunder, the final authority of every society shall vest in the general body of members in general meeting, summoned in such a manner as may be specified in the bye-laws:

SEC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 23 45 of 1860.

Provided that, where the bye-laws of a society provide for the election of delegates of such members, the final authority may vest in the delegates of such members elected in the prescribed manner, and assembled in the general meeting.

Where this provision sits

ActThe Lakshadweep Co-Operative Societies Regulation, 2022
Section63
StatusIn force as published by the source

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