Amendment status not verified — confirm the current text below against the official source.
(1) If, of his own motion or on the application of the financing bank concerned, it appears to the Registrar that any amendment of the by-laws of a co-operative society is necessary or desirable in the interest of such co-operative society, the Registrar or any person authorised by him in this behalf may by order direct the co-operative society to call a special general meeting in the prescribed manner to make the amendment and apply for registration thereof within such time as he may specify in the order. If the co-operative society fails to make the amendment and apply for registration thereof within the time specified in the order, the Registrar 320 The West Bengal Co-operative Societies Act, 1983. XLV of 19831 (Chapter 111.—Transfer of assets and liabilities, and division and amalgamation of co-operative societies.—Section 19.) shall call a special general meeting at the cost of the co-operative society for consideration of his proposal for amendment of its by-laws. (2) If the co-operative society fails to make the amendment and apply for registration thereof within the specified time, the Registrar shall, after consulting the financing bank of which the co-operative society is a member or a debtor, as the case may be, make and register the amend- ment and forward a copy thereof to the co-operative society together with a certificate which shall be the conclusive evidence that the amendment has been registered and, subject to the decision of appeal, if any, such amendment shall be binding upon the co-operative society and its members. CHAPTER III Transfer of assets and liabilities, and division and amalgamation of co-operative societies