Business at first general meeting

At the first general meeting referred to in the Rule 426, the following business shall be transacted in the order given below :- (i) election of the person to preside over the meeting (election to be held by show of hands); (ii) consideration of the statement of accounts, since the organization of the society to the date of meeting; (iii) constitution of a provisional Committee of Management from amongst the persons entitled to participate in the meeting as provided in Sub-rule (i) of Rule 426; (iv) election of Chairman and Vice-chairman of the society from amongst the members of the provisional committee; (v) fixation of maximum liability to be incurred by the society till the first annual general meeting of the society; (vi) admission of new members; and (vii) any other mater which may be necessary in view of the bye-laws of the society.