Bare ActsThe Assam Co-operative Societies (Amendment) Act, 1974

Section 5

Amendment status not verified — confirm the current text below against the official source.

(a) In Section 32 of the principal Act, as proviso to o°ff l e s± UA3c t s u b - s e c i i o n (1)’ shall be added :— I of 1950. "Provided th at notw ithstanding anything to the con­ trary contained in this Act or Rules made thereunder or bye-laws of any society, the Registrar may direct that the first annual general m eeting of any registered society shall be held on a date to be fixed by him (which shall be a date w ithin one hundred and eighty days of the registration of the society) to elect the office bearers of the society, according to the procedure and m anner pres­ cribed in the bye-laws of the society and the office bearers so elected shall assume office on the conclusion of the general m eeting in which they are elected in replacem ent of the m anaging committee elected at the tim e of the inaugural general m eeting of the society”. (b) In Section 32 of the principal Act, sub-section (2) shall be substituted by the following nam ely :— (2) Such a m eeting shall be held w ithin 60 days from the date of expiry of the preceding Co­ operative y e a r: Provided th at if for any reason the meeting cannot be held w ithin the date fixed by the Registrar, any society m ay by applica­ tion made w ithin the aforesaid period of 60 days and addressed to the Registrar, pray for extension of tim e for holding the m eeting sta­ ting the grounds for which, in the opinion of the society, the m eeting cannot be held. The grounds for which the M anaging Body should not stand dissolved under sub-section (4) below should also be stated in the application, if any, m ade for extension. The period for which the extension is sought for shall also be specifically stated in the application. (3) W hen an application for extension is made under the preceding sub-section, the Registrar may, if he is of opinion th at extension should be granted and that there are good grounds for which the Managing Body should not stand 946 THE ASSAM GAZETTE, EXTRAORDINARY, OCT. 17, 1974. dissolved under sub-section (4) below, by order grant extension for any period not exceeding 30 days from the date of passing the order. If the Registrar is of opinion that no extension should be granted he shall by an order passed to that effect reject the same. In both the cases, the order passed shall be communicated under registered post to the society applying for ex­ tension. (4) If any society fails to hold the meeting within the period of 60 days mentioned in sub-section (2), or when an application is made for exten­ sion under the proviso to sub-section (2) within the period so extended, or when no extension is granted, before the expiry of 20 days from the date on which the order rejecting the application for extension is communicated, the Administrative Council and/or the Managing Body of the society shall stand dissolved from the date of expiry of the aforesaid period. (5) When the Administrative Council and/or Managing Body are dissolved under sub-section (4) , the Registrar may appoint an officer or officers or any ad hoc body to manage the affairs of the society and to perform the func­ tions of the Administrative Council and Mana­ ging Body till the new Body is elected or formed. (6) The officer or officers or the ad hoc body appointed by the Registrar under sub-section (5) shall arrange to hold the annual meeting of the general assembly which shall be held with­ in ninety days of such appointment; Provided that the State Government may allow in its discretion such further time, as may be considered necessary but not exceed­ ing one year for holding of such meeting”. Amendment

Section 5 – The Assam Co-operative Societies (Amendment) Act, 1974 | DailyLaw.ai