Documentation, Records, and Audits
Where does the society keep plans, by-laws, and important legal documents?
Written By: GatePal Analyst
Last Updated on
Short Answer
The society must keep plans, by-laws, and important legal documents at its registered office.
Detailed Explanation
As per Rule 41 of the Gujarat Cooperative Societies Rules, 1965, the society is required to maintain a register of plans, by-laws, and other important legal documents at its registered office. This means that all crucial documents related to the society's functioning, such as its by-laws, approved plans, legal agreements, and other significant records, must be stored and accessible at the registered office for reference and verification.
In practice, this rule ensures that all essential documents are centrally located and easily accessible to the society members, auditors, and other stakeholders. By maintaining these records at the registered office, the society can ensure transparency, compliance with legal requirements, and efficient management of its affairs.
For example, if a society is planning a new construction project, it must keep the approved building plans, relevant permits, and agreements with contractors in the register of documents at its registered office. This ensures that all members have access to crucial information regarding the project and can verify the legality and compliance of the construction activities.
Similarly, in the case of disputes or legal issues, having all important documents stored at the registered office can facilitate quick resolution and provide clarity on the rights and obligations of the society and its members. Overall, maintaining plans, by-laws, and legal documents at the registered office is essential for the smooth functioning and transparency of cooperative societies.
Reference
Gujarat Cooperative Societies Rules, 1965: Rule 41
Official PDF
Related to Documentation, Records, and Audits