Amendment status not verified — confirm the current text below against the official source.
Matters to be dealt within the Annual General meeting: 1) The following matters in addition to others as are considered necessary by the Board shall be dealt with by the Annual General Meeting, namely: a) Election of the Directors or delegates if fallen due; b) Consideration of the long term plan and budget, when required; c) Consideration of the annual operational plan and budget for required; 580 d) Consideration of the annual report of activities for the previous financial year including provisional financial statements of accounts if not audited; e) Consideration of the audited financial statement of accounts and the auditors report relating to the previous financial year or years; 1) Consideration of the report on deviations, if any, from the approved budget relating to the previous financial year; g) Disposal of surplus, if any, of previous financial year; h) Management of deficit, if any, of previous financial year; i) Creation of specific reserves and otherfunds; j) Review of actual utilization of reserves and otherfunds; k) Review of the report on the attendance at meeting by directors; I) Review of the use of the co-operative Societies services by the Directors; m) Appointment of internal auditor, fixation of enumeration paid to any Director or member of any committee internal auditor in connection with his / her duties in that capacity or his/her attendance at concern meetings; n) Review of quantum and percentage of service provided to non members vis-a-vis services provided the members; o) Report of activities and accounts related to education of members and Director and Staff training; p) Consideration of any other matter which may be bought before the meeting of the general Body in accordance with the Bye-Laws; q) Expulsion of members; r) Disposal of appeals; s) Formation of code of conduct for the members of Board of Directors and officers appointed bythe Board. 2) The following matters among such other matters as considered necessary bythe Board orwhich are specifically assigned to the General 581 Body under any other provision of this Act may be dealt with by the General Body at its Annual or any General meeting namely:- a) Amendments of Bye-Laws; b) Removal of Directors and election of new Director; c) Membership of the co-operative Society in Secondary co-operative Society; d) Partnership with other co-operative Societies; e) Amalgamation, Division, merger, transfer of assets and Liabilities; f) Dissolution of the co-operative Society; g) Consideration of the Registrar's report of inquiry and action taken thereon or reasons for the non-completion of the enquiry. 3) If the Bye-Laws of the co-operative Society provides for election of one or more Directors on territorial basis, such Director shall be elected from the areas, in a meeting of the members of that area in accordance with the provision of the Bye-Laws on a date prior to that of annual General meeting. The result thereof shall be affixed on the notice Board of the head office of the co-operative Society and also at the place of the Annual General Meeting prior to the commencement of the proceedings of the Annual General Meeting. 4) All Directors shalt cease to be Directors on the date of the Annual General Meeting, if the Annual financial statement of accounts and annual report of activities for the previous financial year were wilfully not prepared before 15 days of the Annual General Meeting for inspection of the members or for placing before the Annual General Meeting.