State Act

THE KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.

1[20. Votes of members.- (1) 4[No member, no representative or no delegate]4 of a society shall have more than one vote in the 3[general meeting or in the election of the members of the *board*]3 of the co-operative society. 5[ 2[XXX]2 ]5 (2) The following shall not have the right to vote at 3[a general meeting or an election of the members of the *board*]3 of the co-operative society in which they are members, namely:— 1[(a) a nominal or associate member; (a-i) an individual member who is a defaulter; (a-ii) members admitted as per 2[clauses (d), (e), (f) and (g) of sub-section (1) of section 16,]2 who are defaulters;]1 1[(a-iii) 2[a person]2 who has become member of a society not later than 3[twelve months]3 prior to the date of such meeting 5[or election]5 7[Provided that nothing in this clause shall apply to member of a society participating in the first General Body Meeting and the first election of the Board of such society held immediately after its registration.]1]7 7[ 4[(a-iv) a member, a representative or a delegate who has failed to attend at least any two annual general meeting out of the last five annual general meetings duly communicated to him;]7 7[(a-v) a member or a representative who has failed to utilize such minimum services or facilities as may be specified in the Bye-Laws for any two Co-operative years out of the last five Co-operative years;]4]7 6[Provided that in case of members in sub-clauses (a-iv) and (a-v), such members shall not have the right to vote at a general meeting or an election of members of the board for a period of 7[one year.]6]7 (b) a co-operative society,— (i) the *board* of which stands superseded or to which a special officer is appointed under 1[section 31]1 of the Act; (ii) which is 1[ordered to be wound up]1 under section 72; (iii) which has not commenced working or has ceased to work; 1[(iv) whose principal object is to advance loans and whose percentage of recovery is,- (a) less than fifty percent of its total demand for the Co-operative year immediately preceding the Co-operative year during which the meeting or election is held or; (b) which fails to pass on to the financing bank or the credit agency, as the case may be, fifty percent of the demand or the entire portion of the recovered amount of the demand of the financing bank or credit agency, whichever is higher, at least fifteen days before the date of the general meeting or the date of election, after a notice of not less than thirty days in this regard has been issued to that society]1 1[(v) other than the society referred to in sub-clause (iv), which is a defaulter;]1 1[(c) x x x]1 Explanation.—A member shall be deemed to be a defaulter if he has failed to pay the arrears of any kind due by him to the society 2[as borrower]2 , 1[or has failed to pay any other amount due by him to the society]1 at least 4[twenty one days]4 before the date of 3[the general meeting or the date of election of the members of the *board*] 3 after a notice of 3[not less than 4[forty five days]3]4 in this behalf has been issued to him.]1 1[(3) An Agricultural Credit Society which is a member of the concerned District Central Co-operative Bank, but has been permitted by the Registrar to raise loan from another financing agency for the purpose of financing its members shall not have a right to vote at a meeting of such District Central Co-operative Bank.]1