Amendment status not verified — confirm the current text below against the official source.
Membership of the Federation shall be of the following types: (1) Ordinary (2) Nominal 5.2 (1) Any registered Cooperative Milk Producers Union falling under the jurisdiction of Federation & State Government shall be entitled to hold ordinary membership. 5.2 (2) Every person except Government intending to be an ordinary member shall have to apply to the Federation in writing in the prescribed from along with the share application money of Rs. 1000/- and admission fee of Rs. 100/- 5.2 (3) A nominal member shall be allowed to apply to the Federation to enroll itself as nominal member provided it has dealing with the Federation. A Nominal Member, eligible for Nominal Membership shall make an application to the Federation in the prescribed from with and entrance fee of Rs. 10,000/- However, the membership to such nominal member shall be given subject to the approval of the General Meeting. However, nominal members would have no voting right & share in the profits. 5.2 (4) Milk Unions who have signed the bye-laws and the application of the registration shall be considered enrolled as ordinary members. 5.3 Every ordinary member shall hold at least one share initially but be required to subscribe 19 more shares of Rs. 1,000/- each fully paid within a year from the date of membership 5.3 (1) The Federation shall have the right to call upon milk union to subscribe share capital and/or debentures in proportion to the business transacted thought the Federation, as may be prescribed by the Board from time to time, but subject to the bonus declared to therein. 5.3 (2) If the amount of share and/or debenture remains unpaid for more than six months from the due date, the Board of the Directors may take suitable action on the members as they may deem fit. 5.3 (3) No member of the federation shall exercise the right of membership unless he has fulfilled the norms for minimum essential utilization of the services of the federation as may be specified by the Register, if any, from time to time.