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Under Section 12, who is the competent authority to amend the byelaws of a cooperative society?

AThe Registrar of Cooperative Societies

BThe Board of Directors

CA Special Committee appointed by the Government

DThe General Body of the society

Answer:

D. The General Body of the society

Read Explanation:

Sec-12 Amendment of Byelaw

Byelaw:

  • "Byelaw" means the registered byelaw of a cooperative society for the time being in force.

Bye-law (Constitution):

  • The byelaw is considered the constitution of a cooperative society, defining its objectives, powers, and operational framework.

Byelaw Amendment:

  • "Byelaw amendment" refers to any change or modification in the constitution or existing byelaws of a cooperative society.

Scope of Byelaws:

  • Byelaws deal with the internal management of the cooperative society, including membership, governance, meetings, elections, rights and responsibilities of members, and financial procedures.

Competent Authority for Amendment:

  • The General Body of the cooperative society is the competent authority to amend its byelaws, subject to statutory procedures and approvals as prescribed under the relevant Cooperative Societies

  • Sec 12(1) Amendment of any bye-law of a society shall be valid unless such amendment has been registered under this Act.

  • Sec 12(2) The provisions of section 7 specifying the conditions to be satisfied before registration of the bye-laws of a society by the Registrar shall mutatis mutandis, apply also to the registration of amendments to bye-laws.

Provided that the Registrar shall before registering an amendment of any bye-law consult-

  • (a)the State Co-operative Union if the bye-laws to be amended are that of an apex society or a central society; or

  • (b)the circle co-operative union if the bye-laws that are to be amended are that of any other society; and

  • (c)the financing bank if the society is indebted to the financing bank.


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