Comment on Annual general body meeting of co-operative society by P K JAIN.

What happens if the accounts are not approved in GBM ? Does it means the present MC has to go for early elections ?

P K JAIN Also Commented

Annual general body meeting of co-operative society
The notice for GBM for approval of annual accounts does not have complete audited accounts (it has only balance sheet/income & expenditure account) and Society is not providing the full set of audited accounts with annexure to the Balance Sheet and also not providing Receipt & Payment account despite written request and reminders thereafter. Can a letter be sent to RCS to this effect and the GBM be challanged on this ground ? What action RCS can take in such a situation against the Society and the GBM.

Recent Comments by P K JAIN

General Body of co-operative society is supreme ???
There was no item of Raising Building Fund in the agenda of a GBM of CGHS. Also there was no “any other item with the permission of the chair”. Can still be Building Fund said to have been approved in the said GBM be taken as decision of the general body when no discussion/debate took place ?

General Body of co-operative society is supreme ???
Is Building Fund levied by the President of CGHS stating in the minutes that it was approved by members by raising hands can be said to be legal if there was no such item in the agenda of the said GBM nor there was “any other with the permission of the chair”

Maintenance charges in co-operative housing societies
In a CGHS if in GBM, the MC proposed some increase in annual maintenance charges on l/s basis and if members present demand voting for maintenance on sq. ft. basis, then should resolution would have been passed by voting ?. In this case President stood up and announced that whatever MC has decided will be applicable and is approved. Is President right doing so ? Pl suggest action that members can take against the MC.

Managing Committee can not create own basis to impose charges
The new MC elected in Sept.16 increased annual maintenence in its GBM held on 6.11.16 with retrospective effect i.e w.e.f 1.4.16. Can MC do this ? If not what should be the course of action by members of the CGHS ?

Agenda of AGM or SGM of co-operative Society
Notice issued for a GBM of CGHS has only following two agenda: discuss the programming & activities of MC OF THE SOCIETY FOR THE ENSUING YEAR 2016-17 revise the maintenance charges.

Is this a proper notice ?. Should the notice must not have exact agenda/resolution to be passed ?

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