https://www.taxtmi.com/acts?id=47456 Constitutional amendment establishing a new Part and Directive Principle to secure autonomous, democratic and professional functioning of co-operative societies; it assigns Parliament competence over multi state co-operatives and States over others and mandates laws on incorporation, regulation and winding up based on member control and participation. The amendment prescribes governance reforms including board size limits, fixed elected terms, capped suspension periods, independent audits, member right to information, periodic reporting to governments, reserved board representation for specified groups and penalties for offences to enhance accountability and management. en-us Tue, 14 Jan 2025 14:51:24 +0530 Wed, 12 Feb 2025 16:45:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47456 Constitutional amendment establishing a new Part and Directive Principle to secure autonomous, democratic and professional functioning of co-operative societies; it assigns Parliament competence over multi state co-operatives and States over others and mandates laws on incorporation, regulation and winding up based on member control and participation. The amendment prescribes governance reforms including board size limits, fixed elected terms, capped suspension periods, independent audits, member right to information, periodic reporting to governments, reserved board representation for specified groups and penalties for offences to enhance accountability and management. Act-Rules F. Acts / Amendment Acts Tue, 14 Jan 2025 14:51:24 +0530 https://www.taxtmi.com/acts?id=47456