section 28
Functions, responsibilities and powers of general body
The Orissa Self-Help Co-Operatives Act, 2001General200162 sections8 chapters
Chapter 3 MEMBERSHIP
Statutory text
- (1) The following and such other matters, as are, considered necessary by the board, shall be dealt with by the general body at its annual general body meeting:-
- (a) long term plan and budget ;
- (b) annual operational plan and budget for the current financial year ;
- (c) appointment of auditors for the current financial year ;
- (d) annual report of activities for the previous financial year ;
- (e) annual audited statements of accounts, and the auditor's report relating to the previous financial year ;
- (f) report on deviations, if any, from the approved budget relating to the previous financial year ;
- (g) disposal of surplus, if any, of previous financial year ;
- (h) management of deficit, if any, of financial year ;
- (i) creation of specific reserves and other funds ;
- (j) actual utilisation of reserves and other funds ;
- (k) report on the attendance at meetings by directors ;
- (l) use of the Co-operative's Services by the directors ;
- (m) remuneration paid to any director or member of any committee or internal auditor in connection with his/her duties in that capacity or his/her attendance at related meetings ;
- (n) quantum and percentage of services provided to non-members vis-a-vis services provided to the members ;
- (o) appeal petition of a person whose application for membership has been rejected by the board ;
- (p) appeal petition of a person whose membership has been terminated by the board ;
- (q) report of activities and accounts related to education and training of members of the board and Co-operative and staff thereof ; and
- (r) appointment of liquidator on suggestion of the board.
- (2) The following and other matters when considered necessary by the board, shall be dealt with by the general body at its annual or any general body meeting:-
- (a) election of directors ;
- (b) amendments of articles of association ;
- (c) removal of President, Vice-president and Directors ;
- (d) Elections/appointments to casual vacancies in the board ;
- (e) removal and consequent appointment of auditors ;
- (f) membership of the Co-operative in Secondary Co-operatives ;
- (g) partnership with other co-operatives ;
- (h) amalgamation, division, merger, transfer of assets and liabilities ;
- (i) dissolution of the Co-operative and appointment of the liquidator ; and
- (j) consideration of the Registrar's report of inquiry, or reasons for the non-completion of the inquiry :
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