Co-operative Societies.
of a new committee by the next general meeting convened for this purpose by the Registrar.
(2) The committee shall consist of five members and three shall constitute a quorum.
[CAP. 33
committee.
32. The committee shall elect its own chairman, who Chairman of shall have an ordinary vote and on an equality of votes shall be entitled to a casting vote. In the temporary absence of the chairman, the committee shall elect one of its members to perform the duties of chairman.
committee.
33. (1) The committee shall represent the registered Duties of society before all competent public authorities and in all dealings and transactions with third persons, with power to institute or defend suits brought in the name of or against the society, and in general it shall carry out such duties in the management of the affairs of the registered society as have not been specially assigned by the rules or the by-laws to general meetings or to any other officer of the society.
(2) The committee shall always keep a copy of the latest annual balance sheet of the registered society together with the report referred to in rule 23, hung in a conspicuous place at the registered office of the society.
committee.
34. The committee shall meet as often as the business Meetings of of the registered society may require and in any case not less frequently than once a month. Meetings of the committee shall be summoned by the secretary in writing.
35. At each committee meeting the secretary shall-
(a) read the minutes of the preceding meeting;
(b) produce the cash book, detail the entries of receipts and payments made therein since the last meeting and with the treasurer produce the cash in their possession for verification by the committee with the cash book;
(c) produce a statement showing the loans due and unpaid, for determination by the committee as to the action to be taken in each case;
(d) produce applications for loans, if any, for determination by the committee in accordance with the priority of receipt; and
Procedure at meetings of committee.
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i
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Co-operative Societies.
of a new committee by the next general meeting convened for this purpose by the Registrar.
(2) The committee shall consist of five members and
three shall constitute a quorum.
[CAP. 33
committee.
32. The committee shall elect its own chairman, who Chairman of shall have an ordinary vote and on an equality of votes shall be entitled to a casting vote. In the temporary absence of the chairman, the committee shall elect one of its members to perform the duties of chairman.
committee.
33. (1) The committee shall represent the registered Duties of society before all competent public authorities and in all dealings and transactions with third persons, with power to institute or defend suits brought in the name of or against the society, and in general it shall carry out such duties in the management of the affairs of the registered society as have not been specially assigned by the rules or the by-laws to general meetings or to any other officer of the society.
(2) The committee shall always keep a copy of the latest annual balance sheet of the registered society together with the report referred to in rule 23, hung in a conspicuous place at the registered office of the society.
committee.
34. The committee shall meet as often as the business Meetings of of the registered society may require and in any case not less frequently than once. a month. Meetings of the committee shall be summoned by the secretary in writing.
35. At each committee meeting the secretary shall- (a) read the minutes of the preceding meeting; (b) produce the cash book, detail the entries of receipts and payments made therein since the last meeting and with the treasurer produce the cash in their possession for verification by the committee with. the cash book;
(c) produce a statement showing the loans due and unpaid, for determination by the committee as to the action to be taken in each case;
(d) produce applications for loans, if any, for deter- mination by the committee in accordance with the priority of receipt; and
Procedure at meetings of committee.
197
i
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