Amendment status not verified — confirm the current text below against the official source.
Special general meeting.- (1) A special general meeting may be called at any time by the President or by a majority of the members of a committee, and shall be called within one month- (a) on a requisition in writing of one-fifth of the members of a society or of members, the number of which is specified in the bye-laws for the purpose, whichever is lower, or (b) at the instance of the Registrar, or (c) in the case of a society, which is a member of a federal society, at the instance of the committee of such federal society. (2) If a special general meeting of a society is not called in accordance with the requisition referred to in sub-section (1), the Registrar or any person authorised by him in this behalf, shall call such meeting, and that meeting THE HIMACHAL PRADESH CO-OPERATIVE SOCIETIES ACT, 1968 22 shall be deemed to be a meeting duly called by the committee. (3) The Registrar shall have power to order that the expenditure incurred in calling a meeting under sub-section (2) shall be paid out of the funds of the society or by such person or persons who, in the opinion of the Registrar, were responsible for the refusal or failure to convene the meeting. 1[34. Constitution of the Managing Committee.- (1) The management of every society shall vest in a managing committee constituted in accordance with this Act, rules and bye-laws, which shall exercise such powers and perform such duties as may be conferred or imposed respectively, by this Act, rules and bye-laws. (2) The managing committee of a co-operative society shall be constituted by,- (a) election from amongst the members of the society at the annual or special general meeting; (b) nominees of other co-operative societies or institutions, if any, provided in the bye-laws; (c) Government nominees, if any, nominated under section 35; and 2[(d) appointment made by the Registrar under section 34-A.] 3[xxxxxxxxxxxxxxxx] 4[(2-A). The managing committee shall, as soon as may be, elect from amongst its elected or nominated members a Chairman, Vice-Chairman; or a President, Vice-President, as the case may be, of the managing committee. (2-AA). Notwithstanding anything contained in sub-section (2-A), where the State Government has- (i) subscribed to the share capital of a co-operative society, or (ii) assisted indirectly in the formation or augmentation of the share capital of a co-operative society as provided under section 48, or (iii) guaranteed the repayment of principal amount and payment of interest on loans and advances to a society, to the extent of rupees fifty lakhs or more, the State Government may appoint, one of the members nominated under section 35, as Chairman of the managing committee of such society: