Amendment status not verified — confirm the current text below against the official source.
(1) Every society registered under this Act shall convene an annual general meeting in each year and the annual working report, audited balance sheet, income and expenditure accounts and audit report for the previous year in respect of the management of the society shall be submitted for approval: Provided that Registrar may on satisfaction of the special cause submitted by the governing body extend the period for convening an annual general meeting for a further period of six months on receipt of such fee as may be prescribed: Provided further that, except the case mentioned above, the period between two annual general meetings shall not exceed fifteen months. (2) At the annual general meeting so held, elections to the governing body shall be conducted as may be provided in the rules and regulations of the society and the governing body shall consist of at least three members. (3) The list of members of the first governing body of the society shall be filed with the Registrar within twenty one days of its registration and thereafter within twenty one days of the date of holding the annual general meeting, the members list of the governing body and the audited accounts shall be filed: Provided that for any reason, the list of governing body of the members or the audited statement of income and expenditure is not filed in time, the same may be filed along with an amount of fine not exceeding one thousand rupees, as may be prescribed. (4) Every society shall keep a record of all the proceedings of the general meeting in a book kept for that purpose and such minutes shall be signed by the President or Chairperson of the meeting. (5) The President or Chairperson of the governing body shall, on the requisition of one-tenth of the total members having voting right of the society in writing of the matter for which they are convening the meeting shall, within ten days of the receipt of such requisition in writing, take steps to call a meeting duly convened on a day for the purpose of considering the same for any reason whatsoever and in any case such meeting shall not exceed forty days from the date of receipt of such demand in writing.