section 37
Minutes of board meetings
The Orissa Self-Help Co-Operatives Act, 2001General200162 sections8 chapters
Chapter 3 MEMBERSHIP
Statutory text
- (1) Every Co-operative shall maintain in the language specified by the articles of association, minutes of all proceedings of board meetings in the minutes book, and send the copy of the minutes within seven days of the concluding of every such meeting to all directors.
- (2) The minutes so recorded shall be signed by the member who presided over the said meeting.
- (3) The minutes so recorded shall be deemed to have been confirmed on the fifteenth day after its despatch to all directors, if no comments on the correctness or otherwise of the minutes are received from directors within that time: Provided that where comments have been received from directors, the board shall take them into consideration while taking action on the resolutions and place the matter before the next meeting of the board for consideration.
Study data processing for this section.
PDF: pending for this language.