Annual general meeting of general body
Section 39 of the Multi-State Co-operative Societies Act, 2002 deals with annual general meeting of general body. The board of every multi-State co-operative society shall, within such period as may be prescribed, and not later than six months after the close of the corresponding year, call the annual general meeting in the manner prescribed for the purpose of-- (a) consideration of the audited statement of acc The Act came into force on 19 Aug 2002.
(1) The board of every multi-State co-operative society shall, within such period as may be prescribed, and not later than six months after the close of the corresponding year, call the annual general meeting in the manner prescribed for the purpose of--
(a) consideration of the audited statement of accounts;
(b) consideration of the audit report and annual report;
(c) consideration of audit compliance report;
(d) disposal of net profits;
(e) review of operational deficit, if any;
(f) creation of specific reserves and other funds;
(g) approval of the annual budget;
(h) review of actual utilisation of reserve and other funds;
(i) approval of the long-term perspective plan and the annual operational plan;
(j) review of annual report and accounts of subsidiary institution, if any;
(k) expulsion of members;
(l) list of employees who are relatives of members of the board or of the Chief Executive;
(m) amendment of bye-laws, if any;
(n) formulation of code of conduct for the members of the board and officers;
(o) election of members of the board, if any.
(2) Where the board of a multi-State co-operative society fails to convene the annual general meeting within the period specified in sub-section (1), the Central Registrar or the person authorised by him in this behalf shall be competent to convene such annual general meeting within a period of ninety days from the date of expiry of the period mentioned in that sub-section and the expenditure incurred on such meeting shall be borne by the society.
(3) At every annual general meeting of a multi-State co-operative society, the board shall lay before the society a statement showing the details of the loans or goods on credit, if any, given to any of the members of the board or to the spouse or a son or daughter of a member of the board during the preceding year or outstanding against him or against such spouse or son or daughter of the member of the board.
Section 39, The Multi-State Co-operative Societies Act, 2002 (Act 39 of 2002).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Made under this section, and citing it
1 instrument names this provision in its title or its text without being made under it.
Questions about Section 39
What does Section 39 of the Multi-State Co-operative Societies Act deal with?
Section 39 of the Multi-State Co-operative Societies Act is headed "Annual general meeting of general body". The board of every multi-State co-operative society shall, within such period as may be prescribed, and not later than six months after the close of the corresponding year, call the annual general meeting in the manner prescribed for the purpose of-- (a) consideration of the audited statement of acc
How do I find court cases under Section 39 of the Multi-State Co-operative Societies Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Multi-State Co-operative Societies Act 39, section 39 Multi-State Co-operative Societies Act, section 39 of the Multi-State Co-operative Societies Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 39 of the Multi-State Co-operative Societies Act, and has it changed?
3 other provisions in this corpus refer back to it. One instrument names it without being made under it, most recently Multi-State Cooperative Societies Rules 2002 (2002).
When did Section 39 of the Multi-State Co-operative Societies Act come into force?
Section 39 of the Multi-State Co-operative Societies Act, cited as Multi-State Co-operative Societies Act 39, came into force on 19 Aug 2002, having been enacted on 03 Jul 2002. It is in force as at the date shown on this page.
Other sections of this Act
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 24 Oct 2026. This page is not a substitute for legal advice.