section 71
Power and functions of Chief Executive Officer
The Dadra and Nagar Haveli and Daman and Diu Co-Operative Societies Regulation, 2024Corporate2024155 sections12 chapters
Chapter VII MANAGEMENT OF SOCIETIES
Statutory text
The Chief Executive Officer shall, under the general superintendence, direction and control of the Committee, exercise and discharge the following powers and functions, namely:––
- (a) day-to-day management of the business of the society;
- (b) operate the account of the society and be responsible for making arrangements for safe custody of cash;
- (c) sign the documents for and on behalf of the society;
- (d) make arrangements for the proper maintenance of various books and records of the society and for the correct preparation, timely submission of periodical statements and returns in accordance with the provisions of this Regulation, the rules and the bye-laws;
- (e) convene meetings of the general body of the society, the Managing Committee and the other Committees or sub-Committees and maintain proper records of such meetings;
- (f) make appointments to the posts in the society in accordance with the bye-laws;
- (g) assist the Committee in the formulation of policies, objectives and planning;
- (h) furnish to the Committee periodical information necessary for appraising the operations and functions of the society;
- (i) appoint the person to sue or be sued on behalf of the society;
- (j) present the draft annual report and the financial statement for the approval of the Committee within thirty days of closure of the financial year; and
- (k) perform such other functions, and exercise such other powers, as may be specified in the bye-laws of the society, or delegated by the Committee or general body.
Study data processing for this section.
PDF: pending for this language.