Short Answer

The chairman and secretary of a cooperative society have specific powers in day-to-day management, as outlined in the Gujarat Cooperative Societies Act, 1961 and Rules, 1965.

Detailed Explanation

Section 73 of the Gujarat Cooperative Societies Act, 1961 empowers the chairman of a cooperative society to preside over the meetings of the society and the committee. The chairman plays a crucial role in maintaining order during meetings, ensuring that decisions are made in accordance with the law, and representing the society in various official capacities. In practice, the chairman's powers extend to overseeing the functioning of the society, signing important documents on behalf of the society, and ensuring that the society operates smoothly.

Rule 58 of the Gujarat Cooperative Societies Rules, 1965 elaborates on the powers of the secretary of a cooperative society. The secretary is responsible for the day-to-day management of the society, including maintaining records, preparing agendas for meetings, and communicating decisions to members. The secretary acts as a liaison between the committee and the members, ensuring that information flows smoothly and that the society's affairs are conducted transparently.

Practical Examples

• In a housing cooperative society, the chairman convenes regular meetings to discuss maintenance issues and financial matters. The chairman ensures that decisions taken in the meetings are implemented effectively and that the society's interests are protected.

• The secretary of an agricultural cooperative society maintains records of land holdings, crop yields, and membership details. The secretary communicates important information to the members regarding government schemes, market prices, and best practices in farming.

• In a credit cooperative society, the chairman oversees loan disbursements, interest rates, and recovery processes. The secretary maintains financial records, prepares reports for auditing, and ensures compliance with regulatory requirements.

References

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

• Rule 58 of the Gujarat Cooperative Societies Rules, 1965: Official PDF