Removal and expulsion of members

A person may, in the manner laid down in the rules- (a) be removed from the membership of a co-operative society, if- (i) he has ceased to fulfill the qualification laid down under the Act, Rules or the Bye-laws of the society. or (ii) he was admitted to the membership of the society, in contravention of the provisions of the Act, Rules or the Bye-laws of the society, or (iii) he becomes of unsound mind, or (iv) his membership of the society is inconsistent with the provisions of Rule 8 (b); (b) be expelled from the membership of society- (i) if he has misappropriated any funds or property of the society or has caused damage to the property of the society and has for that offence been convicted under the Indian Penal Code, 1860 : Provided that he shall be eligible to become member of that or any other society after his acquittal in appeal or paid the fine, as the case may be, under the order of conviction, or (ii) if he has caused detriment to the interest of the society by a breach of the bye-laws of the society, or (iii) where a declaration made by a member in pursuance of any provisions of the bye-laws of the society is found to be either false or there is suppression of any material information in the declaration and such falsehood or suppression has enabled the member to get undue benefit from the society or has put the society to economic or a financial loss or other difficulties.