Chapter 6 General Meeting, Board of Directors and Account Supervision Committee

Section 39: Meeting General Meeting

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1) The Board shall call a preliminary General Meeting within three months of the Cooperative Organization’s registration.

2) The Board shall call an Annual General Meeting within six months from the completion of each fiscal year.

3) The Board shall call an Extraordinary General Meeting in any of the following circumstances:-

(a) On the recommendation of the Accounts Supervision Committee pursuant to clause (g) of sub-Section (1) of Section 49,

(b) In case the Board approves the resolution moved by any Director to call an Extraordinary General Meeting,

(c) In case the Board decides to call an Extraordinary General Meeting for any particular business,

(d) In case fifteen percent of the members submit an application to the Board to call an Extraordinary General Meeting showing reasons thereof,

(e) In case the Registrar or authority authorised by the Registrar directs pursuant to sub-Section (1) of Section 40,

(f) In case the Registrar or authority authorised by the Registrar orders pursuant to sub-Section (2) of Section 42.

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Section 39: Meeting General Meeting

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