Amendment status not verified — confirm the current text below against the official source.
Rights and liabilities of members of registered societies and exercise of rights thereof: 1) Every member of a registered society and every ex-officio member of the Administration Council or Managing Body of such society, unless under some temporary disqualification shall have the right to attend any Genera Meeting of the society and to exercise vote at such. meeting. 2) No member of a Co-operative Society shall exercise the right of a member including right to vote unless he/she has made such payment to the Co-operative Society in respect of membership or has acquired and continues to have such interest in the Co-operative Society as may be specified in the Bye-Laws. 3) The Chief Executive of every Co-operative Society within twent'j days of closure of the previous Co-operative Year, shall prepare a list of members with the right of vote, and a list of members without the right of vote valid for the current financial year. The list shall be affixed on the notice board of the head office of the Co-operative Society for information of all the members and any members not satisfied with specific instances of the inclusion or non-inclusion of members in the 577 lists, may appeal to the Board within ten days from the date of the affixing of the lists on the notice board for re-examination of the records, and the Board shall within forty days of closure of the previous Co-operative Year, review the lists, finalise it and have it affixed on the notice board of the head office of the Co-operative Society. Provided that a member who is an employee or member of employees union of such society shall not be entitled to vote- At the election of a member of the Board of such society, In any General Meeting convened for framing the Bye-Laws of such society or any amendments thereto. 4) In the case of equality of votes the Chairperson shall have a casting vote.