Bare ActsThe Nagaland Co-operative Societies Act, 2017

Section 125

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

Information and returns to be filed with the Registrar: 1) Every year within thirty days of holding of the Annual General Meeting, the Board shall file the following information with the Registrar- a) Annual Report of activities; b) Annual financial statements of accounts as audited with auditors reportthereon; c) Statistical statement indicating name of the Co-operative Society, services offered by the Co-operative Society to the members, total number of members as on the last day of the financial year; d) Total liabilities expressed as- Funds from members and surplus; (ii) Funds from other external sources as on the last day of the financial 'fear; (iii) Quantum or rupees or services provided to members and non members and surplus or deficit at the end of the financial year; and 2) Along with the returns specified in sub-section (1) every Co-operative Society shall furnish the following information to the Registrar- a) The date of Annual General Meeting at which the returns to be filed with the Registrar were considered or appro"d; h) The total number of members on the rolls of the Co-operative Society who were eligible to vote on the date of such Annual General Meeting; c) The number of eligible members present at such Annuai General Meeting; 637 d) List of names or Directors with addresses and terms of office; e) Name and address of the internal auditor appointed for internal audit of the society for the current financial year accounts; f) Any other relevant and special information required by the Registrar to enable him/her to decide whether the Co-operative Society has conducted its affairs in accordance with the Co-operative Principles mentioned in Schedule tA' and the provision of this Act and the Bye- Laws. 3) If the return sand information as specified under sub-section (1) and (2) are not filed or furnished to the Registrar within the period specified under sub-section (1) shall treated as an offence under this Act and the Board shall be penalised in accordance with provisions of this Act.

Section 125 – The Nagaland Co-operative Societies Act, 2017 | DailyLaw.ai