Can resignation of managing committee members be rejected?
Table of Contents
Can resignation of managing committee members be rejected?
There is no requirement that the committee has to accept the resignation and the Rule does not empower the committee to reject the resignation. The Managing Committee of the Society consists of 9 members selected in the year 2007 of which three of them resigned.
How do I remove admin from Housing Society?
Generally, the deputy or assistant registrar of cooperative societies (the Registrar) appoints an administrator upon a complaint(s) from any member(s) of the society, if he finds that it is a fit case to expel the managing committee of the society.
What is Maharashtra State Cooperative Society Act?
XXIV OF 1961] The Maharashtra Co-Operative Societies Act I960. An Act to consolidate and amend the law relating to co-operative societies in the State of Maharashtra. 1. This Act may be called the Maharashtra Co-operative Societies Act, 1960.
Can a member be expelled from a company?
Introduction. There is no provision under the Companies Act, 2013 under which a member can be expelled by the board of directors or the management.
How do you resign from a society chairman?
(a) The Chairman of the society may resign his office as Chairman by a letter addressed t0 the Secretary of the Society. (b) The Secretary or Treasurer of the society may resign his office as Secretary or Treasurer by a letter addressed to the Chairman of the society.
What happens if chairman of society resigns?
Upon resignation of her post, the other office bearers have to request her to continue as care taker till the time a new chairman is elected/appointed or they can make an alternative arrangement by calling a general body meeting to conduct election for this purpose or to appoint a chairman as an interim relief till the …
What are the duties of administrator in a cooperative society?
Administrator or administrators is or are only expected to manage the affairs of the society and to exercise the functions of the committee and not expected to exercise ‘powers’ of the elected committee.
What happens if society goes to registrar?
Generally the Deputy/Assistant Registrar of co-operative societies (“the Registrar”) appoints an administrator upon complaint(s) from member(s) of the society, if he finds that it is a fit case to expell the managing committee of the society.
Can cooperative society become a bank?
Once a licence is granted by the Reserve Bank to the society, it formally gets converted into an urban cooperative bank and may commence banking business . After adoption of this policy since 1996, Reserve Bank of India have allowed conversion of 26 cooperative credit societies into urban cooperative banks.
What is Section 154 B 29 of MCS Act 1960?
The state cabinet on Thursday decided to incorporate a separate chapter as section 154(b) in Maharashtra Cooperative Societies Act (MCSA), 1960 to govern housing societies independently, separating them from profit-making cooperative societies such as sugarcane factories, credit societies and banks.