Short Answer

The committee must notify the Registrar of the new office-bearers within 10 days of the election.

Detailed Explanation

Section 73 of the Gujarat Cooperative Societies Act, 1961 states that the committee of a cooperative society must notify the Registrar of Cooperative Societies of the names and addresses of the office-bearers elected within 10 days of the election. This notification is crucial for maintaining transparency and accountability within the society's governance structure.

In practice, this means that once the election process is completed and the new office-bearers are chosen, the committee must promptly compile the necessary information and submit it to the Registrar within the stipulated timeframe. Failure to do so may result in penalties or non-recognition of the newly elected office-bearers.

For example, if a cooperative housing society conducts its annual elections and selects a new president, secretary, and treasurer, the committee must prepare a formal notification listing their names, positions, and contact details. This document should be submitted to the Registrar within 10 days to ensure compliance with the legal requirements.

Another scenario could involve a cooperative credit society electing a new board of directors. In this case, the committee must promptly inform the Registrar of the changes in leadership to ensure the smooth functioning and regulatory compliance of the society.

Overall, the timely notification of new office-bearers to the Registrar is essential for maintaining the legal status and operational integrity of cooperative societies in Gujarat.

References

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