Substitution of Section-27 of the Act VI, 1935

“ 27. Right of a Member.- (1) Member of a Co-operative Society shall exercise the rights of a member after he has made such payment to the Society in respect of membership as may be prescribed in the rules or Bye-laws of the Society;

Provided that notwithstanding anything contained in any provisions of this Act, the member of a Co-operative Society can exercise the right to vote at the election of members of the Board of Society only after ensuring minimum attendance, as required in the meetings convened for participation in management of the Society and availing of minimum requisite services of the Society as may be prescribed by the rules or the Bye-laws of the Society made under this Act.

(2) Every Co-operative Society shall provide access to every member to the books, information and accounts of the Co-operative Society kept in regular transaction of its business with such member.

(3) Every member of a Co-operative Society shall have the right to get all information/documents regarding books, information and accounts of the Co-operative Society kept in regular transaction of its business. The Chief Executive officer/manager of the Co-operative Society shall ensure access to the member to all required information/documents.

(4) The members of any Co-operative Society shall have the right to get Co-operative education and co-operative related training as per the rules or Bye-laws made under any provisions of this Act.”