https://www.taxtmi.com/acts?id=13003 Establishes that members may designate an initial Board of at least five directors until elected; elections occur within a prescribed post-registration period (with an extended period for certain inter-State cooperative societies). Directors' tenure is set by the articles within minimum and maximum bounds; retiring directors may be reappointed. Directors are normally chosen by members at the annual general meeting. The Board may co-opt expert directors or appoint additional directors up to one-fifth of its strength for article-specified periods; expert directors generally lack a vote in the Chairman's election unless the articles provide otherwise. en-us Wed, 18 May 2011 17:07:02 +0530 Wed, 18 May 2011 17:07:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=13003 Establishes that members may designate an initial Board of at least five directors until elected; elections occur within a prescribed post-registration period (with an extended period for certain inter-State cooperative societies). Directors' tenure is set by the articles within minimum and maximum bounds; retiring directors may be reappointed. Directors are normally chosen by members at the annual general meeting. The Board may co-opt expert directors or appoint additional directors up to one-fifth of its strength for article-specified periods; expert directors generally lack a vote in the Chairman's election unless the articles provide otherwise. Act-Rules Companies Law Wed, 18 May 2011 17:07:02 +0530 https://www.taxtmi.com/acts?id=13003