Rule 34 - Preparation of a scheme for the reconstitution or reorganisation of multi-state cooperative societies

Reconstitution of multi-state cooperative societies: scheme by Central Registrar requires advance notice, scheme circulation, and registrar convening power.

Preparation of a scheme for reconstitution of multi-state cooperative societies rendered multi-state by state reorganisation is undertaken by the Central Registrar or authorised officer with prior Central Government approval; the scheme must be forwarded to the society's President or Chairperson to be placed before a specially convened general body meeting. The notice for that meeting must accompany the scheme, specify date, hour, place and business, and be served by personal delivery, registered post or other bye-law authorised methods. If the President or Chairperson fails to convene the meeting, the Central Registrar or authorised officer may convene it by issuing a shorter statutory notice to members and creditors.