Bye-laws requirements for multi-state cooperative societies define permitted governance, membership and operational provisions for registration. The rules require that bye-laws for registration of a multi-state cooperative society be consistent with the Act, rules and any model bye-laws and cover statutory subjects; they may additionally provide for redemption of shares; terms, functions and responsibilities of office-bearers; constitution and powers of representative and board committees; employee association and representation; election or selection of delegate bodies; recruitment, service conditions, pay regulation and disciplinary procedures; and dividend rate subject to bye-law limits.
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Provisions expressly mentioned in the judgment/order text.
Bye-laws requirements for multi-state cooperative societies define permitted governance, membership and operational provisions for registration.
The rules require that bye-laws for registration of a multi-state cooperative society be consistent with the Act, rules and any model bye-laws and cover statutory subjects; they may additionally provide for redemption of shares; terms, functions and responsibilities of office-bearers; constitution and powers of representative and board committees; employee association and representation; election or selection of delegate bodies; recruitment, service conditions, pay regulation and disciplinary procedures; and dividend rate subject to bye-law limits.
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