What is the role of committee members in Housing society?

WHAT ARE THE POWERS, DUTIES AND FUNCTIONS OF MANAGING COMMITTEE IN HOUSING SOCIETY ? To Consider Acceptance of Deposit And Raising Of Loans. To Consider And Recommend To The Meeting Of The General Body, The Rates Of Contribution To The Repairs And Maintenance Fund And Sinking Fund.

What are the powers and functions of cooperative society?

Besides all such powers as may be necessary or expedient for the of carrying out its functions, the Board has following powers: (a) Admit members, (b) Interpret organizational objectives and setting up specific goals be achieved towards these objectives, (c) Make periodic appraisal of operations, (d) Appointment and …

What are the rights of the members in a cooperative society?

Rights of the Co-operator: To vote in a general meeting or in a committee meeting. No proxy votes allowed. To be elected as one of the 10 members of the board of directors or as one of the 11 members of the membership committee of the society.

Who has the power to take decisions in a cooperative society?

Answer: Elected managing committee have the right to take decisions in cooperative society.

What are the powers of managing committee?

The Managing Committee shall have the following powers and duties:- a To set up committees and sub-committees to achieve the aims and objectives of the Association. b To prepare the Annual Budget of the Association and implement it, as approved by the General Body.

What is the role of Secretary in society?

A Secretary’s role is to ensure smooth running of board meetings. Therefore, this involves activities before, during and after meetings. The secretary is responsible for preparing minutes of the meetings, maintaining records, administration, flow of information/communication.

What are the aims and objectives of cooperative society?

A co-operative society is a voluntary association of individuals having common needs who join hands for the achievement of common economic interest. Its aim is to serve the interest of the poorer sections of society through the principle of self-help and mutual help.

Can family members be members of co-operative society?

Sir no other provisions of the above Regulations restrict or disqualifies member of same family for admission in any cooperative society. The first TEN members must be from TEN families after that there is no bar for two families to join the CHS.