Credit cooperative societies and Banks. These consist of agriculture multi state cooperative society, multi purpose societies, and a land. Mortgage bank, non-agricultural credit societies such as urban co-operative banks, salary earners' societies, etc., and a district central co-operative bank.
committee of the Cooperative Society is formed by the election at the Body Meeting, convened after giving a notice of not less than 14 days to the Election of members of the committee of a class of society specified below conducted, by secret ballot, in the manner given in Schedule II of the Rules, (a) Federal Society (b) Financing Bank (c) Consumers Society (d) T & C Urban Cooperative Banks (e) Housing Societies (f) Any other credit cooperative societies whose membership exceeds two hundred. Election of members of committee of a Society of any other class, shall be b. hands in manner given in Schedule III of the Rules, unless a poll is demanded in it shall be held by secret ballot. Terms of elected members of the Committee shall be as per bye-laws of the In any case, it should not exceed three cooperative years including Election of members of committee of a Society of any other class, shall be (b) hands in manner given in Schedule III of the Rules, unless a poll is demanded in it shall be held by secret ballot.
Terms of elected members of the Committee shall be as per bye-laws of the In any case, it should not exceed three co-operative society years including the Co-operative society of their election. For constitution and strength of Committee of Financing Bank refer to Rule Membership shall be ineligible for election as member of the Committee if in default to any multi state cooperative society in respect of any sum due from him to society or owes to ice society an amount in excess of his maximum credit limit. Directly or indirectly any interest in any contract to which the cooperative society is a party. Engaged himself in any private business, trade or profession of any lion which is carried on by the society, at any time during the period of one rigor to the date of scrutiny of nomination papers. omitted an offence involving dishonesty, moral turpitude during a period ears prior to the date of scrutiny of nomination papers or he has been ordered restore the property or money or any part thereof under section 59(2) by Registrar.carne subject to any of the prohibitions contained in Rule 60.been carrying on through agencies other than cooperative societies of which member the same business as is being carried on by the cooperative society, the period of 12 months preceding the date of filing of nomination papers. a member of the Committee of any cooperative society which has ceased section or which has not fulfilled its objects stated in bye-laws and has been in the list of 'D' class societies maintained by the Registrar or is a ore of elected Committee of a society which is under winding-up process. Ceased to be a member of an elected Committee of any cooperative society a period of one year preceding the date of inclusion of such society in the list class credit cooperative society in the investment of funds.