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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Scheme for Reconstitution of Multi-State Cooperative Societies Requires Approval Under Section 103; 40-Day Notice for Members and Creditors</h1> The Central Registrar or an authorized officer is responsible for preparing a scheme for the reconstitution or reorganization of multi-state cooperative societies affected by state reorganization under section 103 of the Multi-State Cooperative Societies Rules, 2002. This scheme must be approved by the Central Government and presented to the society's general body at a specially convened meeting. Members and creditors must receive at least forty days' notice, detailing the meeting's specifics and including the scheme. If the society's President or Chairperson fails to convene the meeting, the Central Registrar or authorized officer will do so, providing fourteen days' notice.
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