Byelaws and Sec 31 of the Gujarat Cooperative Act 1961, authorises committee to transfer share to person whom it appears to be heir / legal representative where nomination is not available.
Management of society is taken care of by Managing Committee. For wider representation in co operative, a clause 74BB was added to Gujarat Co operative Society Act in 1997. As per new clause 74BB, every society will have to reserve seat for women member in their committee as per below. One seat in a committee … Continue reading Reservation of Seats for Women in Managing Committee of Society
This articles discuss about division society, its reasons, process, taxation, relevant court ruling and post division work.
In earlier article "Rights and Duties of Member's of Co-operative Society" we discussed about rights of members in cooperative society. This article further details about members right related to inspection of books and records Under Sec 33 of Gujarat Co operative society Act, every members of co operative society has a right to inspect below … Continue reading Member’s Right : Inspection of Books and Records
Gujarat Cooperative Society Act has given many rights to members of cooperative society. Some of these are listed below. Rights of Members Become member of society Sell flat / office Give flat / office on rent Nominate Stand for election of committee member Check books and other documents Attend annual general meeting (AGM) or Extraordinary … Continue reading Rights and Duties of Members of Society