Annual general meeting

A general meeting of a co-operative society shall be held once in a year for the purpose of -(a) approval of the programme of the activities of the society prepared by the committee for the ensuing year;(b) election, if any, of the members of the committee other than nominated members ;(c) consideration of the audit report and the annual report ;(d) disposal of the net profits ; and(e) consideration of any other matter which may be brought forward in accordance with the bye-laws : Provided that where the committee of any co-operative society has divided the area of operation of the society into zones in the manner laid down in sub-section (1-A) of section 26, election of the members of the committee may not be held in general meeting.