Section 40
Special general meetings
of Co-Operative Societies Act 1993
The Board of a co-operative society may, and shall on a requisition signed by at least one-fifth or one hundred of the members or delegates of the co-operative society, whichever is less, convene a special general meeting.
(2)
The Commission or any person authorized by the Commission may summon at any time a special general meeting of a co-operative society in such manner and at such time and place as the Commission may direct, and may specify what matters shall be discussed by the meeting; and such meeting shall have all the powers and be subject to the same rules as a general meeting called in accordance with this Act or the by-laws of the co-operative society.
Co-operative Societies 37