i) Nominees of the State Government and State Cooperative Bank;
ii) Registrar of his nominee;
iii) Member Primary Coop. Agricultural Banks.
The quorum for the General Body meeting shall be the same as provided in the Punjab Cooperative Societies Rules. If after one hour of the fixed time or a General Body meeting, the quorum is not complete, the Chairman of the meeting shall adjourn the General Body meeting. In case the meeting was called on 17 requisition of the members, then no further general body meeting shall be convened on the strength of the requisition. If the general body meeting is convened otherwise than on requisition, then the Chairman can adjourn the meeting for the future date. However, a fresh notice for the subsequent meeting shall be given to the following:
a) Nominee of the State Govt. and State Cooperative Bank.
b) Registrar or his nominee;
c) Member Primary Cooperative Agricultural Development Banks.
The business at the subsequent general meeting may be transacted with the number of members present.
48. The President or in his absence the Vice-President shall preside over meeting of the General Body. When both of them are absent the members present shall elect a Chairman for the meeting.
49. Every constituent of the General Body shall have one vote.
Voting by proxy shall not be allowed at the General Meeting.
Unless otherwise provided in these byelaws, all questions shall be decided by a majority of votes of the members present. When the votes are equal the Chairman of the General Meeting shall have a casting vote.
50. Unless otherwise provided in these bye-laws, the ultimate authority in all matters relating to the administration of the State Bank shall vest in the General Body.