Sign Up

Have an account? Sign In Now

Sign In

Forgot Password?

Don't have account, Sign Up Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

You must login to ask a question.

Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Sign InSign Up

Abstract Classes

Abstract Classes Logo Abstract Classes Logo
Search
Ask A Question

Mobile menu

Close
Ask a Question
  • Home
  • Polls
  • Add group
  • Buy Points
  • Questions
  • Pending questions
  • Notifications
    • Deleted user - voted up your question.September 24, 2024 at 2:47 pm
    • Abstract Classes has answered your question.September 20, 2024 at 2:13 pm
    • The administrator approved your question.September 20, 2024 at 2:11 pm
    • Deleted user - voted up your question.August 20, 2024 at 3:29 pm
    • Deleted user - voted down your question.August 20, 2024 at 3:29 pm
    • Show all notifications.
  • Messages
  • User Questions
  • Asked Questions
  • Answers
  • Best Answers
Home/ Questions/Q 56531
Next
In Process
Himanshu Kulshreshtha
Himanshu KulshreshthaElite Author
Asked: May 14, 20242024-05-14T11:23:19+05:30 2024-05-14T11:23:19+05:30In: Co-operation, Co-operative Law and Business Laws

Discuss the Model Powers and Functions of the Chief Executive Offices (CEO) of Cooperative Society alongwith atleast two decided case laws on Management Committee Members.

Talk about the Model Authorities and Responsibilities of Cooperative Society CEOs and at least two rulings on Management Committee Members.

BLE-012
  • 0
  • 11
  • 15
  • 0
  • 0
Share
  • Facebook

    1 Answer

    • Voted
    • Oldest
    • Recent
    1. Himanshu Kulshreshtha Elite Author
      2024-05-14T11:23:39+05:30Added an answer on May 14, 2024 at 11:23 am

      The model powers and functions of the Chief Executive Officer (CEO) of a cooperative society are crucial for effective management and administration of the society's affairs. The CEO, also known as the Secretary or Manager in some cooperative societies, is responsible for executing the decisions of the management committee, overseeing day-to-day operations, and ensuring compliance with legal and regulatory requirements. Here are some model powers and functions of the CEO:

      1. Administrative Management: The CEO is responsible for the overall administrative management of the cooperative society, including supervision of staff, coordination of activities, and maintenance of records and registers. They ensure that the society's operations are conducted efficiently, transparently, and in accordance with the cooperative principles and bylaws.

      2. Financial Management: The CEO oversees the financial management of the cooperative society, including budgeting, accounting, and financial reporting. They prepare financial statements, monitor revenue and expenditure, and ensure compliance with auditing standards and regulatory requirements. The CEO also facilitates financial transactions, such as loans, investments, and payments, in accordance with the decisions of the management committee.

      3. Member Relations: The CEO maintains effective communication and relations with members of the cooperative society. They respond to members' inquiries, address their grievances, and facilitate their participation in the society's activities and decision-making processes. The CEO also promotes member education and awareness about cooperative principles, rights, and responsibilities.

      4. Legal Compliance: The CEO ensures compliance with relevant laws, regulations, and government directives applicable to cooperative societies. They keep abreast of legal developments, advise the management committee on legal matters, and facilitate compliance with statutory requirements, such as registration, taxation, and reporting obligations.

      5. Representation and Advocacy: The CEO represents the cooperative society in dealings with government authorities, financial institutions, vendors, and other stakeholders. They advocate for the interests of the society and its members, participate in industry forums, and promote cooperative values and principles in external engagements.

      Now, let's discuss two decided case laws related to the management committee members of cooperative societies:

      1. State of Kerala v. Karthikeyan, 2008:
        In this case, the Kerala High Court considered the removal of a management committee member of a cooperative society. The court held that the removal of a management committee member must be conducted in accordance with the provisions of the cooperative society's bylaws and the relevant cooperative legislation. It emphasized that the removal process must adhere to principles of natural justice, including providing the member with notice of the allegations against them and an opportunity to be heard before a decision is taken.

      2. Registrar of Cooperative Societies, Punjab v. Ram Sarup Aggarwal, 2015:
        In this case, the Punjab and Haryana High Court addressed the disqualification of a management committee member of a cooperative society. The court held that a member can be disqualified from the management committee if they are found guilty of misconduct or violate the provisions of the cooperative society's bylaws. However, the disqualification must be based on evidence and established through a fair and transparent process that affords the member an opportunity to defend themselves against the allegations. The court emphasized the importance of procedural fairness and due process in matters of member disqualification from management committees.

      These case laws underscore the significance of adherence to procedural fairness, bylaws, and legal requirements in the management and governance of cooperative societies, particularly concerning the actions taken against management committee members. They provide valuable guidance to cooperative societies, members, and regulatory authorities in ensuring transparency, accountability, and integrity in cooperative governance.

      • 0
      • Share
        Share
        • Share onFacebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp

    Related Questions

    • Discuss the salient features of Payment and Settlement Systems Act, 2007.
    • Discuss in detail the Salient features of Partnership Act 1932.
    • Discuss in detail the responsibilities of Banks under the PMLA, 2002 and KYC guidelines.
    • Discuss in detail the salient features of Securitization, Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
    • Discuss the distingtion among Promissory Notes, Bill of Exchange, and Cheques.
    • Write short notes on the following under the Minimum Wages Act, 1948. a) Objective of the Act. b) Fixation ...
    • Discuss in detail salient features of Reserve Bank of India, Act, 1934.
    • Discuss in detail what constitute Misconduct and Inquiry.

    Sidebar

    Ask A Question

    Stats

    • Questions 21k
    • Answers 21k
    • Popular
    • Tags
    • Abstract Classes

      testing

      • 0 Comments
    • Pushkar Kumar

      Bachelor of Arts (BAM) | IGNOU

      • 0 Comments
    • Pushkar Kumar

      Bachelor of Science (BSCM) | IGNOU

      • 0 Comments
    • Pushkar Kumar

      Bachelor of Arts(Economics) (BAFEC) | IGNOU

      • 0 Comments
    • Pushkar Kumar

      Bachelor of Arts(English) (BAFEG) | IGNOU

      • 0 Comments
    Academic Writing Academic Writing Help BEGS-183 BEGS-183 Solved Assignment Critical Reading Critical Reading Techniques Family & Lineage Generational Conflict Historical Fiction Hybridity & Culture IGNOU Solved Assignments IGNOU Study Guides IGNOU Writing and Study Skills Loss & Displacement Magical Realism Narrative Experimentation Nationalism & Memory Partition Trauma Postcolonial Identity Research Methods Research Skills Study Skills Writing Skills

    Users

    Arindom Roy

    Arindom Roy

    • 102 Questions
    • 104 Answers
    Manish Kumar

    Manish Kumar

    • 49 Questions
    • 48 Answers
    Pushkar Kumar

    Pushkar Kumar

    • 57 Questions
    • 56 Answers
    Gaurav

    Gaurav

    • 535 Questions
    • 534 Answers
    Bhulu Aich

    Bhulu Aich

    • 2 Questions
    • 0 Answers
    Exclusive Author
    Ramakant Sharma

    Ramakant Sharma

    • 8k Questions
    • 7k Answers
    Ink Innovator
    Himanshu Kulshreshtha

    Himanshu Kulshreshtha

    • 10k Questions
    • 11k Answers
    Elite Author
    N.K. Sharma

    N.K. Sharma

    • 930 Questions
    • 2 Answers

    Explore

    • Home
    • Polls
    • Add group
    • Buy Points
    • Questions
    • Pending questions
    • Notifications
      • Deleted user - voted up your question.September 24, 2024 at 2:47 pm
      • Abstract Classes has answered your question.September 20, 2024 at 2:13 pm
      • The administrator approved your question.September 20, 2024 at 2:11 pm
      • Deleted user - voted up your question.August 20, 2024 at 3:29 pm
      • Deleted user - voted down your question.August 20, 2024 at 3:29 pm
      • Show all notifications.
    • Messages
    • User Questions
    • Asked Questions
    • Answers
    • Best Answers

    Footer

    Abstract Classes

    Abstract Classes

    Abstract Classes is a dynamic educational platform designed to foster a community of inquiry and learning. As a dedicated social questions & answers engine, we aim to establish a thriving network where students can connect with experts and peers to exchange knowledge, solve problems, and enhance their understanding on a wide range of subjects.

    About Us

    • Meet Our Team
    • Contact Us
    • About Us

    Legal Terms

    • Privacy Policy
    • Community Guidelines
    • Terms of Service
    • FAQ (Frequently Asked Questions)

    © Abstract Classes. All rights reserved.