(1) A person may be admitted as a member of a co-operative society subject to the provisions of this Act, the rules and the bye-laws.
(2) Where a person is refused admission as a member in a co- operative society, the decision refusing admission shall be communicated by the society to that person within seven days of the date of the decision.
(3) A member of a cooperative society if he is not in debt to the society or is not a surety for any unpaid debt, may withdraw from the membership of the society after giving at least one month’s notice to the society :
Provided that he has put in such minimum period of membership, if any, as may be laid down in the bye laws of the society which may also provide for a longer period of notice not exceeding six months. After the expiry of the period of notice of withdrawal he shall be deemed to have withdrawn and after the expiry of the period specified under section 25, he shall be entitled to repayment of his dues outstanding against the society in respect of his shares as ascertained in the manner prescribed.
Universal membership for primary agricultural credit society
26.A (1) Any individual who is qualified for admission to membership under the provision of this Act, the rules and the bye laws and makes an application in the manner prescribed, for membership of a primary agricultural credit society shall be deemed to have been admitted to the membership of such society from the date of receipt of such application in the office of the society.
(2) If at any time after the date of admission of the individual under sub-section
(1), it is discovered that the individual concerned is not qualified, under this Act, the rules or the bye laws, to become a member of such society, the Registrar may, notwithstanding anything contained in this Act, either suomoto or on the application of the concerned society within a period of three months from the date of such discovery give notice to such individual to show cause why he should not be removed from the membership of the society, and upon an order of the Registrar made in this behalf such individual shall, from the date of the order, cease to be the member of such society.
Removal or expulsion of a member by a society or the Registrar