Lawgist11Amendment of bye-laws of a co-operative society
(1) No amendment of any bye-laws of a co-operative 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--
(a) is not contrary to the provisions of this Act and the rules;
(b) does not conflict with co-operative principles; and
(c) 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 amendment 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 the reasons therefor, to the society in the manner prescribed.
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- 3 Registrar
- 4 Societies which may be registered
- 5 Restrictions on registration
- 6 Restrictions on holding of shares
- 7 Application for registration
- 8 Power of the Registrar to decide certain questions
- 9 Registration
- 10 Registration certificate
- 11 Amendment of bye-laws of a co-operative society
- 12 When amendments of bye-laws come into force
- 13 Change of name
- 14 Change of liability
- 15 Amalgamation, transfer of assets and liabilities and division of co-operative societies
- 16 Power to direct amalgamation, division and reorganisation in public interest etc
- 17 Registrar to prepare scheme of amalgamation of co-operative bank in certain cases
- 18 Liability of a co-operative bank to the Deposit Insurance Corporation
- 19 Cancellation of registration certificates of co-operative societies in certain cases
