Short Answer

Yes, as per the Gujarat Cooperative Societies Act, 1961, the society is required to provide the list of all members and their shareholding to anyone who asks.

Detailed Explanation

Section 32 of the Gujarat Cooperative Societies Act, 1961 mandates that every member of a cooperative society has the right to inspect the register of members and the share register of the society during business hours. This means that any person who requests access to the list of members and their shareholding must be allowed to do so by the society. The purpose of this provision is to ensure transparency and accountability within the cooperative society by allowing members and other stakeholders to verify the membership details and shareholding structure.

In practice, if an individual requests the list of all members and their shareholding from a cooperative society, the society must provide access to the relevant registers for inspection. The person making the request may need to provide valid identification and state the purpose of the request to ensure that the information is being sought for legitimate reasons. The society should facilitate the inspection process and ensure that the information is made available in a timely manner.

Real-world Scenarios

• Scenario 1: Mr. Patel, a member of a cooperative housing society, requests the list of all members and their shareholding to verify the accuracy of his shareholding. The society allows Mr. Patel to inspect the registers and provides him with the necessary information.

• Scenario 2: A prospective member interested in joining a cooperative society requests the list of current members and their shareholding to understand the composition of the society. The society grants access to the registers for inspection, enabling the individual to make an informed decision about membership.

Reference

• Section 32 of the Gujarat Cooperative Societies Act, 1961: Official PDF