Change of names

(1) A co-operative society may, by an amendment of its bye-laws, change its name but such change shall not affect any right or obligation of the society or of any of members or past members and any legal proceedings which might have been continued or commenced by or against the society by its former name may be continued or commenced by its new name. (2) Where a co-operative society change its name, the Registrar shall enter the new name on the register of co-operative societies in place of the former name and shall amend the certified or registration accordingly. Three copies of the amendment adopted by a co-operative society under rule 10 signed by two officers of the co-operative society, duly authorised by the general meeting in this behalf, shall be submitted to the Registrar along-with an application for registration, duly signed as aforesaid, together with a copy of the resolution passed in the general meeting to that effect. Such copies of the amendments shall be accompanied by a certificate signed by any one of the above two officers of the co-operative society to the effect that the provisions of the rule 10 have been complied with. (1) After the counting of the votes has been completed, the candidate who secures a majority of votes shall be declared elected by the Returning Officer or the Presiding Officer, as the case may be. If the number of votes in favour of two or more candidates are equal, the mater shall be decided by lots drawn by the Returning Officer or the Presiding Officer, as the case may be. (2) When the result of the election has been declared, the Returning Officer or the Presiding Officer as the case may be, shall prepare a consolidated list of elected candidates, including those declared elected unopposed, and communicate the names of persons elected under his signature to the Assistant Registrar concerned and in the case of Central or Apex Co-operative Societies, such a list shall also be sent to the Registrar. The Returning Officer or the Presiding Officer, as the case may be shall also direct the Manager to exhibit the list of the names of the persons elected at some conspicuous place at the registered office of the society for a minimum period of seven days after declaration of result of the election.