Constitution Section 243ZN — Convening of general body meetings

Part IXB — THE CO-OPERATIVE SOCIETIES

Constitutional

Summary

The state legislature can pass a law requiring every co-operative society to hold its annual general body meeting within six months after the end of its financial year. The law will also specify what business must be conducted at that meeting.

Official Text

The Legislature of a State may, by law, make provisions that the annual general body meeting of every co-operative society shall be convened within a period of six months of close of the financial year to transact the business as may be provided in such law.