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Section 30: 2 The general powers, duties and responsibilities of the Managing Director shall be as under

Bye laws of MilkfedState Regulations of Punjab · 1961

30.2.1 He shall have general control over the administration management, finance and business of the Federation.

30.2.2 Amended He shall purchase or take on lease or acquire any land, building, plant & machinery or construction work not exceeding the value of Rs.50 lacs per item after completing requisite formalities and adopting necessary procedure.

13 In case of any work exceeding Rs.50.00 lacs but below Rs.2.00 Crores, the decision shall be taken by an Executive Committee comprising of Managing Director, two Senior Most Officers of Federation, two elected Directors nominated by Board, Manager (F&A) and Head of the concerned individual Section.

(BOD Resolution No. 174.24 on 16.10.17, AGM on 16.10.2017 agenda No.32.5 and approval of RCS vide letter No.o;;$d[ZX ;gbkJh ;akyk$nw?Avw?AN pkJhbkia$1837^J/ fwsh 15H12H2017, Registered vide Endst. No.oe$;oo$16^18 fwsh 8H1H2018).

30.2.3 He shall be the officer to sue or to be sued on behalf of the Federation and all bonds and agreements made in favour of the Federation shall be in his name.

30.2.4 He shall have power for and on behalf of the Federation to endorse sign, negotiate cheques and other negotiable instruments on behalf of the Federation. He shall also sign all deposit, receipts and operate on the account of the Federation with any Bank.

30.2.5 He shall appoint members of staff within the sanctioned strength of establishment upto and inclusive of the cadre of officer provided that the approval of the RCS shall be obtained before the appointment of the officers of the rank of General Managers & above.

30.2.6 He shall award punishment including dismissal from service to employees for whom he has powers of appointment.

30.2.7 He shall allow credits to buyers within limits fixed by the Board from time to time.

30.2.8 He shall undertake import and export business for/on behalf of the Federation.

30.2.9 He shall carry out negotiations with the Government and other organisations.

30.2.10 He shall make necessary arrangements for transport and storage of dairy and allied produce.

30.2.11 He shall arrange to insure all properties of the Federation against risks of all kinds.

30.2.12 He shall arrange to impart training to the staff members of the Federation, Unions and Societies.

30.2.13 He shall enter into agreements or contracts for purchase, sale, lease of land, buildings required for the working of the Federation and to execute documents on behalf of the Federation and to represent it in all legal actions instituted by or on behalf of the Federation.

30.2.14 He shall arrange to maintain proper accounts of the Federation.

14

30.2.15 He shall arrange to prepare Annual Report, balance sheet of the preceeding financial year and budget of the Federation for the ensuing year for placing before the Board of Directors.

30.2.16 He shall convene the meeting of the Board of Directors as required under Bye Laws No.24 and General Body meeting and such other committee meetings as and when directed by the Board or found necessary or on receipt of requisition from requisite number of members or upon requisition from the Registrar.

30.2.17 He shall arrange to supervise the member Unions and audit of Societies of member Unions, if authorised by the Registrar.

30.2.18 He shall appoint consultants/Experts and fix their remuneration.

30.2.19 The Managing Director may delegate any of his powers conferred on him by these bye laws, service rules or any power delegated to him by the BODs to any of the Senior Executive of the Federation.

30.2.20 In the absence of the Managing Director, the work of the Managing Director shall be discharged by the next Senior Executive.

31.0 PROGRAMMING COMMITTEE.

The Programming Committee will consist of the following:

i. The Managing Director of the Federation who shall be Chairman of the Committee.

ii. Chief Executives of all the affiliated Milk Unions.

iii. The Chief Quality Control Officer or any other officer from the headquater as may be nominated by the Managing Director.

32.0 FUNCTIONS OF THE PROGRAMMING COMMITTEE.

Where this provision sits

ActBye laws of Milkfed
Section30
Marginal note2 The general powers, duties and responsibilities of the Managing Director shall be as under
JurisdictionState of Punjab
StatusIn force as published by the source

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