State Act

38

Section 38. Consequences of not calling annual general meeting and special meeting.

The Punjab Self-Supporting Co-operative Societies Act, 2006

Act no. 17 of 20102010In forcePunjab (State Act)

38. If the Board fails to call an annual general meeting under sub-section (1) of section 36 or a special meeting of general body under sub-section (1) or sub-section (2) of section 37 within the stipulated period, all Directors shall cease to hold their offices on the date of expiry of the period, specified for calling such meeting.