Short Answer

Yes, provisional certificates like share certificates are required to be handed out at elections.

Detailed Explanation

Rule 76 of the Gujarat Cooperative Societies Rules, 1965 mandates the issuance of provisional share certificates to members. This rule ensures that members have proof of their shareholding in the cooperative society. During elections, these provisional certificates play a crucial role in verifying the eligibility of members to participate in the voting process. By providing these certificates, the society ensures transparency and accountability in the election process.

Furthermore, Section 73 of the Gujarat Cooperative Societies Act, 1961 empowers the committee to issue such certificates. This section outlines the responsibilities of the committee in managing the affairs of the society, including the issuance of share certificates. In the context of elections, these certificates serve as a means to authenticate the identity and membership status of individuals casting their votes.

In practice, before conducting elections, the committee should prepare and distribute provisional share certificates to all eligible members. These certificates should contain essential details such as the member's name, shareholding, and other relevant information. During the election process, members may be required to present these certificates as proof of their membership and voting rights.

For example, in a cooperative housing society holding elections for the management committee, all members should receive provisional share certificates beforehand. These certificates will be crucial for verifying the eligibility of members to participate in the election and exercise their voting rights. Failure to provide these certificates may lead to disputes and challenges regarding the legitimacy of the election results.

In summary, the issuance of provisional certificates like share certificates is a mandatory requirement during elections in cooperative societies. These certificates serve as proof of membership and shareholding, ensuring transparency and integrity in the election process.

References

• Rule 76 of the Gujarat Cooperative Societies Rules, 1965: Official PDF

• Section 73 of the Gujarat Cooperative Societies Act, 1961: Official PDF