Article 243ZL of Constitution of India – Supersession and suspension of board and interim management
Article 243ZL of Constitution of India deals with Supersession and suspension of board and interim management
Original Text of Article 243ZL of Constitution of India
(1) Notwithstanding anything contained in any law for the time being in force, no board shall be superseded or kept under suspension for a period exceeding six months:
Provided that the board may be superseded or kept under suspension in a case—
(i) of its persistent default; or
(ii) of negligence in the performance of its duties; or
(iii) the board has committed any act prejudicial to the interests of the co-operative society or its members; or
(iv) there is stalemate in the constitution or functions of the board; or
(v) the authority or body as provided by the Legislature of a State, by law, under clause (2) of article 243ZK, has failed to conduct elections in accordance with the provisions of the State Act:
Provided further that the board of any such co-operative society shall not be superseded or kept under suspension where there is no Government shareholding or loan or financial assistance or any guarantee by the Government:
Provided also that in case of a co-operative society carrying on the business of banking, the provisions of the Banking Regulation Act, 1949 shall also apply:
Provided also that in case of a co-operative society, other than a multi-State co-operative society, carrying on the business of banking, the provisions of this clause shall have the effect as if for the words “six months”, the words “one year” had been substituted.
(2) In case of supersession of a board, the administrator appointed to manage the affairs of such co-operative society shall arrange for conduct of elections within the period specified in clause (1) and handover the management to the elected board.
(3) The Legislature of a State may, by law, make provisions for the conditions of service of the administrator.
Questions related to Article 243ZL of Constitution of India
According to Indian Kanoon, Article 243ZL of the Indian Constitution deals with the supersession and suspension of the Board of a cooperative society under certain conditions mentioned in the Constitution of India.
As per Article 243ZL of the Indian Constitution, the Board of a cooperative society can be superseded or suspended if there is persistent default, negligence, or if the Board acts prejudicially to the interests of the society, following the Articles of Indian Constitution.
According to the Constitution of India, Article 243ZL allows supersession or suspension of the Board of a cooperative society for a maximum period of six months, ensuring timely reconstitution under the Articles of Indian Constitution.
Yes, Article 243ZL of the Indian Constitution applies to all cooperative societies regulated under state laws, as guided by the provisions of the Articles of Indian Constitution and Indian Kanoon.
You can read the full text and detailed provisions of Article 243ZL of the Indian Constitution on Indian Kanoon or refer to the official Constitution of India containing all relevant Articles of Indian Constitution.
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