Disqualification for holding specified post

Corporate1960195 sections

Statutory text

(1) Every person shall not hold specified post of more than one apex society, more than one central society and more than one primary society at the same time: Provided that the provisions of this sub-section shall apply to societies of the same classification. (2) If any person who is holding a specified post in one apex society, one central society and one primary society is elected or appointed to such specified post of any other apex society or central society or primary society, then he may by a letter in writing signed by him and addressed to the Registrar resign from the specified post of all such other apex societies, central societies and primary societies except one apex society and/or one central society and/or one primary society, as the case may be, within a period of one month from the date of his being so elected or appointed. (3) If any person required to resign under sub-section (2) fails to resign within the period specified in that sub-section, then upon the expiry of such period it shall be deemed that he has resigned from the specified post of all other apex or central societies or primary societies except the one apex or central or primary society, as the case may be, in which he was already holding the specified post before such subsequent election or appointment.

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