section 48-F
Powers of Committee
The Chhattisgarh Co-operative Societies Act, 1960The board or committee of a society shall, in accordance with its bye-laws, have the following powers: (a) Accepting and terminating membership; (b) Electing the Chairman and other office-bearers; (c) Removing the Chairman and office-bearers from the post; (d) Fixing the number of staff with the approval of the Registrar; (e) Framing policies in respect of the following: (1) Organization and provision for rendering services to the members; (2) Qualifications, recruitment, service conditions and other matters related to staff with the approval of Registrar; (3) Manner of custody and investment of funds; (4) Manner of keeping accounts; (5) Operation, use and investment of funds; (6) Supervision and management of information system including legal statements to be filed; (f) Presenting annual report, annual financial statement, plan and budget for the approval of the general body; (g) Considering audit and compliance reports and presenting them before the general body; and (h) Performing all such other acts as are specified in the bye-laws.
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