(1) Subject to the provision of this rule, bye-laws of a society may be amended by passing a resolution at a general meeting of the society held for that purpose.
(2) The Society shall give due notice in accordance with its bye-laws to all the members for considering any amendment thereof;
(3) An amendment shall be deemed to have been duly passed if a resolution in that behalf is passed at a general meeting by not less than two thirds of the members present thereat, and voting.
(4) After the resolution is passed, a copy thereof shall, within a period of two months from the date of the meeting at which the resolution was passed, be furnished to the Registrar along with —
(a) an application in Form “F”.
Maintenance of Register.
Amendment of bye-laws.
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(b) a copy of the relevant bye-laws in force with amendments proposed to be made in pursuance of the resolution, together with reasons justifying such amendments.
(c) four copies of the text of the bye-laws as it would stand after amendment, signed by the officers duly authorized in this behalf by the committee of the society.
(d) a copy of the notice given to the members of the society of the proposal to amend the bye-laws,
(e) such other information as may be required by the Registrar.
(5) On receipt of a copy of the resolution and other particulars referred to in sub-rule (4), the Registrar shall examine the amendment proposed by the society and if he is satisfied that the amendment is not contrary to the Act or the rules and is in the interest of the society and Co-operative movement, he may register the amendment and grant to the society a certificate of registration in Form G and issue to the society a copy of the amendment certified by him under subsection (2) of section 13. Where the Registrar is of opinion that the proposed amendment may be accepted subject to any modification, he may indicate to the society such modification after explaining in writing his reasons therefor.
(6) The Registrar shall, in case of a Cooperative Credit Structure Society, dispose of the application within one month from the date of the receipt of the application.