Multi-State Co-Operative Societies Act, 2002

Section - 49 - Powers and functions of board

Powers and functions of board.

49. (1) The board may exercise all such powers as may be necessary or expedient for the purpose of carrying out its functions under this Act.

(2) Without prejudice to the generality of the foregoing powers, such powers shall include the power-

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(a)-to admit members;
[(aa)-to elect the Chairperson and Vice-Chairperson or President and Vice-President of the multi-State co-operative society from amongst the elected members of the board in accordance with the directions of the Authority:
-Provided that the certificate of election shall be issued by the Chief Executive of the multi-State co-operative society after conclusion of resolution by the board;]
(b)-to interpret the organisational objectives and set-up specific goals to be achieved towards these objectives;