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Section 16: Annual General Meeting

Rajasthan State Cooperative Socities Act 2001State Act of Rajasthan · Act 16 of 2002

The Annual General Meeting shall, among other things, deal with following : 16.1 To confirm the proceedings of the previous General Meeting.

16.2 To approve the excess expenditure incurred over the sanctioned budget.

16.3 To approve the budget and programme of the work of the Federation for the ensuing year recommended by the Board.

16.4 To appoint auditor from amongst the panel approved by the Registrar, Cooperative Societies.

16.5 To review and approve the audit report and its compliance.

16.6 To consider expulsion of member, If any, as recommended by the Board in accordance with the provisions of the Act & Rules.

16.7 To add, alter and amend the bye-laws as and when necessary as per Act & Rules.

16.8 To fix the allowance to be paid to the members of the Board for attending the Board and other meetings.

16.9 To approve the expenditure incurred on the member of the Board.

16.10 To consider any other business though not included in the agenda accompanying the notice but brought forward with the consent of the Chairman and all the members present at the meeting.

16.11 7 Days’ notice of the Agenda of the General Meeting mentioning date, place and time of the meeting shall be issued in writing to all its members in advance. Provided further that in case of Annual General Meeting. It may also be accompanied by a copy of the Annual Administration Report, the Audit Certificate (if available) and the Balance Sheet, non-receipt of such a notice by any member of general body shall not invalidate the proceedings of the meeting.

16.12 Prior notice is not necessary in case of the following: (i) A notice for a change in the order of the business of the Agenda. (ii) A notice for adjournment or dissolution of the meeting. (iii) A notice to refer the matter under consideration for discussion or report to the Board of Directors. (iv) A notice allowed by 2/3rd of the member present.

Where this provision sits

ActRajasthan State Cooperative Socities Act 2001
Section16
Marginal noteAnnual General Meeting
JurisdictionState of Rajasthan
StatusIn force as published by the source

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