State Act

25

Section 25. Vote and manner of its exercise.

The Telangana Co-operative Societies Act, 1964.

Act no. 7 of 19641964In forceTelangana (State Act)

25. (1) 112[Subject to such rules as may be made in this behalf, every member] shall have one vote in the affairs of the society and shall exercise his vote in person and not by proxy: 113[Provided that no member of a society belonging to such class of societies and who failed to transact such minimum business 114[or utilise such minimum services or facilities as may be prescribed taking into consideration the nature of business transacted or the services or facilities made available by the society,] shall have the right to stand as a candidate or to vote in any election to the society.] 115[(1-A) A member of a society shall be eligible to exercise the right to vote only if he:- 116[(a) contributes a minimum share capital and conducts minimum business transaction as may be prescribed; 117[(b) [xxx]] (c) is a member of the society for a continuous period of one year or more as may be prescribed;] (d) is not in default in the payment of any amount due in cash or kind to the society for such period as may be prescribed;] 118[(e) is not a member of the committee superseded under the relevant provisions of this Act; (f) he/she was a member of the committee which failed to make arrangements for conduct of elections to the society as per the provisions of this Act.] (2) 119[xxx] Every person nominated to the committee by the Government, or where the financing bank is member, every person representing such financing bank, shall have one vote: Provided that 120[no nominee of] the Government or the representative of the financing bank, as the case may be, 120[shall be entitled] to participate in, or vote at, any election. (3) In the case of equality of votes, the chairman of the meeting shall have a second or casting vote. 121[(4) [xxx]]