Presence of chairman for agm and signature on balance sheet
sudhakar s. yeradkar
(Querist) 24 September 2018
This query is : Resolved
Respected Sir / Madam,
The Chairman of our Co-operative housing societies Federation was out of Maharashtra State for last two month. He was busy in the State of Kerala for flood relief work.
We seek your expert advise on below.
1. Can committee conduct AGM in absence of Chairman?
2. The Statement of Income & Expenditure and Balance Sheet is signed by the Secretary and Treasurer and circulated to all members well in time. The Chairman's signature is not there on balance sheet since he was not available in town.Is the AGM and said documents are valid or not?
3. If it is not valid then how to rectify it ?
We seek your expert guidance on the same at the earliest.
Thanks in advance.
Sudhakar Yeradkar.
Isaac Gabriel
(Expert) 24 September 2018
You can raise this question in the AGM.
kavksatyanarayana
(Expert) 24 September 2018
Generall in the Clauses/Articles of Byelaws it will be mentioned regarding a temporary vacancy in the committee, one of the committee members may act on his behalf. so verify your byelaws whether this clause/article is added or not. or consult in Registrar office where byelaws registered.
