Amendment status not verified — confirm the current text below against the official source.
Amendment of bye-laws of a co-operative society :- (1) No Amendment of any bye-laws of a co-operative EEE Eee Te society shall be valid unless such amendment has been registered under this Act. (2) Every proposal for such amendment shall be forwarded to the Registrar and if the Registrar is satisfied that the proposed amendment - (i) is not contrary to the provisions of this Act and the rules; (ii) does not conflict with co-operative principles; and (iii) will promote the economic interests of the members of the society, he may register the amendment. (3) The Registrar shall forward to the society, a copy of the registered amendments together with a certificate signed by him and such certificate shall be conclusive evidence that the amendment has been duly registered. (4) Where the Registrar refuses to register an amendment of the bye-laws of a co-operative society, he shall communicate the order of refusal together with reasons therefore, to the society in the manner prescribed *[:] [Provided that no order refusing to register the amendment shall be passed without giving the co-operative society an opportunity of being heard: Provided further that the proposal for registration of the amendment shall be disposed of by the Registrar within a period of sixty days from the date of receipt thereof by him.] 3[10.A. Power to direct amendment of bye-laws of co-operative society:- (1) If in the opinion of the Registrar, an amendment of the (1) Substituted by Punjab Act No. 14 of 2014 (2) Added by Punjab Act No. 14 of 2014 a (3) Inserted by Punjab Act No. 26 of 1969 bye-laws of a co-operative society is necessary or desirable in the interest of such a society or of the co-operative movement, or to bring such bye-laws in conformity with any provision of the Act or rules made thereunder, he may by notice in writing, call upon the society to make such amendment within a period of three months of the date of service of the notice. (2) If, within the period specified in sub-section (1), the co-operative society fails to make such an amendment the Registrar may after giving the society an opportunity of making its representation, register the amendment and issue to the society, a copy of the amendment together with a certificate signed by him. (3) The certificate issued under sub-section (2) shall be conclusive evidence that amendment has been duly registered and such amendment shall have the same effect as an amendment registered under section 10.] SECTION -11