Short Answer

The society's utility contracts, including electricity and water, are overseen by the managing committee of the cooperative society.

Detailed Explanation

Section 73 of the Gujarat Cooperative Societies Act, 1961 empowers the managing committee of a cooperative society to manage the affairs of the society, including overseeing utility contracts. This means that the managing committee is responsible for entering into and managing contracts related to utilities such as electricity and water on behalf of the society. In practice, the managing committee ensures that the society's utility services are procured, maintained, and paid for in a timely manner to ensure smooth functioning of the society.

Additionally, Rule 123 of the Gujarat Cooperative Societies Rules, 1965 provides guidelines on the procedure for entering into contracts by the managing committee. This rule outlines the steps and requirements for entering into agreements, including utility contracts, to ensure transparency and accountability in the process. The managing committee must follow these rules while dealing with utility service providers to avoid any disputes or irregularities.

Real-world Scenarios

• Scenario 1: The managing committee of a cooperative housing society enters into a contract with a water supply company for regular water supply to the society. They ensure timely payments and monitor the quality of water supplied.

• Scenario 2: The managing committee negotiates a contract with an electricity provider for uninterrupted power supply to the society. They handle any billing issues and coordinate maintenance activities to ensure smooth electricity services.

• Scenario 3: In case of a dispute with a utility service provider, the managing committee represents the society's interests, negotiates resolutions, and takes necessary legal actions if required to protect the society's rights.

Reference

• Section 73 of the Gujarat Cooperative Societies Act, 1961

• Rule 123 of the Gujarat Cooperative Societies Rules, 1965