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RAJASTHAN STATE COOPERATIVE SOCITIES ACT 2001

Rajasthan

RAJASTHAN COOPERATIVE DAIRY FEDERATION LTD BYE-LAWS

Act number
16 of 2002
Department
Gopalan Department
Enacted
1 Apr 2015

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

39 sections

  1. Section 1NAME AND ADDRESS
  2. Section 2DEFINATIONS
  3. Section 3OBJECTIVES
  4. Section 4FUNDS
  5. Section 5MEMBERSHIP
  6. Section 6The liability of a member shall be limited to
  7. Section 7A share certificate shall be issued every time, when a share is subscribed by a member
  8. Section 8The properties and funds of the Federation shall be invested in accordance with the Act and Rules of the State.
  9. Section 9No member once affiliated shall seek disaffiliation without the permission of the Registrar, unless it is dissolved
  10. Section 10Subject to the provisions of the State Co-operative Societies Act, any member may be expelled by a special resolution passed at the General Body Meeting for any of the following reasons
  11. Section 11The member may transfer the share (s) after holding for at least one year to another member with the approval of the Board of Directors of the Federation. No transfer shall be considered complete, until the name of the transferee has been entered into the share transfer Register and a fee of Rs. 1.00 per share has been paid
  12. Section 12CESSATION OF MEMBERSHIP
  13. Section 13OBLIGATIONS OF MEMBERS
  14. Section 14ORGANIZATION AND MANAGEMENT
  15. Section 15GENERAL MEETING
  16. Section 16ANNUAL GENERAL MEETING
  17. Section 17VOTING RIGHTS
  18. Section 18Special General Meeting of the Federation shall be called with 15 days notice, stating the date, time and Place at which and the purpose for which such meeting will be held
  19. Section 19Decision shall be taken by majority of votes. In the case of equality of votes, the Chairman shall have a casting vote in addition to the votes to which he may be entitled to as a member.
  20. Section 20BOARD OF DIRECTORS
  21. Section 21BOARD OF DIRECTORS
  22. Section 22No member shall be allowed to participate or vote on the proceedings of any matter in which he has personal or any other interests.
  23. Section 23No member shall be allowed to participate or vote on the proceedings of any matter in which he has personal or any other interests.
  24. Section 24The Board may meet as often as it considers necessary but it shall meet once in every three months.
  25. Section 25The Chairman of the Union which fails to fulfill the obligations as laid down in the bye-laws, shall cease to continue as a member of the Board.
  26. Section 26POWER, RESPONSIBILITIES AND FUNCTION OF THE BOARD:
  27. Section 27The Board shall be competent to frame subsidiary rules consistent with the provisions of the Act. Rules and Bye-laws for the proper conduct of the business of the Federation. These rules shall be implemented after the approval of the Registrar.
  28. Section 28The Board shall have powers to issue a common seal for the business of the Federation and it shall not be used except by the authority for the Board or the Managing Director. Every deed or document to which the seal is affixed, shall be countersigned by the Managing Director and/or the Chairman as may be decided by the Board.
  29. Section 29MANAGING DIRECTOR
  30. Section 30PROGRAMMING COMMITTEE
  31. Section 31FUNCTIONS OF THE PROGRAMMING COMMITTEE :
  32. Section 32In case of urgency, when a particular decision can not wait till the Board meets, the decision may be carried out by a circular resolution amongst all its members and any resolution so approved by all the members duly signed shall be considered as effective and binding, as if such resolution had been passed at a meeting of the Board.
  33. Section 33DISTRIBUTION OF NET PROFIT
  34. Section 34RESERVE FUND
  35. Section 35ACCOUNTS AND RECORDS
  36. Section 36In case of absence of provisions or inconsistency or repugnancy in the Bye-Laws of the member Unions the Bye-laws of the Federation shall prevail subject to the provisions of the Act and Rules.
  37. Section 37AMENDMENTS
  38. Section 38SERVICE OF NOTICE:
  39. Section 39INTERPRETATION OF THESE BYE-LAWS