| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
AUPE MULTI-PURPOSE CO-OPERATIVE
SOCIETY LTD |
|
| |
|
|
| |
Back to Index |
|
| |
|
|
| |
|
|
| |
4.13.1 |
Membership shall cease by: |
|
Cessation of
Membership |
|
| |
|
|
|
| |
|
(a) |
resignation subject to By-law 4.14; |
|
|
|
| |
|
|
| |
|
(b) |
becoming ineligible for membership in accordance with By-law 4.2; |
|
|
|
| |
|
|
| |
|
(c) |
insanity; |
|
|
|
| |
|
|
| |
|
(d) |
carrying on any business similar to that of the Society; |
|
|
|
| |
|
|
| |
|
(e) |
permanent removal of residence beyond Singapore; |
|
|
|
| |
|
|
| |
|
(f) |
expulsion subject to By-law 4.15; |
|
|
|
| |
|
|
| |
|
(g) |
conviction of an offence punishable with imprisonment; |
|
|
|
| |
|
|
| |
|
(h) |
bankruptcy; |
|
|
|
| |
|
|
| |
|
(i) |
termination of employment; |
|
|
|
| |
|
|
| |
|
(j) |
retirement from service or |
|
|
|
| |
|
|
| |
|
(k) |
death |
|
|
|
| |
|
|
| |
4.13.2 |
Cessation of membership shall take effect from the date of occurrence of the event or decision of the Board, whichever is earlier. |
|
|
|
| |
|
|
| |
4.13.3 |
Special Provision (Participating Members) |
|
|
|
| |
|
|
| |
|
Existing Participating Members shall continue to enjoy services and benefits currently accorded to them under the existing By-laws when this category of members is removed. They shall enjoy services and benefits as listed below unless otherwise disqualified under the Act or the Bylaws until they retire or resign from the Cooperative. |
|
|
|
| |
|
|
| |
|
(a) |
Exercise voting powers. Each Participating Member shall have one vote regardless of shares held by him; |
|
|
|
| |
|
|
| |
|
(b) |
Avail himself of all services of the Society; |
|
|
|
| |
|
|
| |
|
(c) |
Stand for election or nominate members for election to the position of Director provided that not more than eleven members shall be elected; |
|
|
|
| |
|
|
| |
|
(d) |
Co-opt or be co-opted to hold office in the Society as the case may be; |
|
|
|
| |
|
|
| |
|
(e) |
Participate at a General Meeting; |
|
|
|
| |
|
|
| |
|
(f) |
Existing Participating Members may, together with Ordinary Members jointly request in writing for an Extra-Ordinary General Meeting. Such request shall be signed by at least one-fifth or one hundred of the Participating or Ordinary Members whichever is the less, stating the objects of the meeting. |
|
|
|
| |
|
|
| |
|
(g) |
Enjoy all other rights provided under the By-laws. |
|
|
|
| |
|
|
| |
4.13.4 |
Special Provision (Junior Members) |
|
|
|
| |
|
|
| |
|
|
Existing Junior Members shall continue to enjoy services and benefits currently accorded to them under the existing By-laws when this category of members is removed. They shall only be eligible for benefits and services provided by the Society unless otherwise disqualified under the Act or the By-laws until they resign from the Co-operative. However, they shall not be eligible for loans. |
|
|
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
 |
|
| |
|
|
| |
4.14 |
Any member who is not liable to the Society may resign from the Society on giving 12 months' notice of resignation in writing. The Board may accept a shorter notice of resignation at its discretion. |
|
Resignation |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
4.15 |
If any member contravenes any provisions of the Act, the Rules of these By-laws or acts in any way detrimental to the interests of the Society, he may be expelled by the Board provided that he is given a reasonable opportunity to show cause as to why he should not be expelled. An expelled member may, however, appeal in writing to the next general meeting, which may reverse the decision of the Board if not less than two-thirds of the members present and voting so decided. |
|
Expulsion |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5 |
GENERAL MEETING |
|
|
|
| |
|
|
| |
5.1 |
The supreme authority of the Society shall be vested in the general meeting of members. |
|
Supreme
Authority |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.2 |
There shall be two kinds of general meeting, Annual General Meeting and Extra-Ordinary General Meeting. |
|
Types of
General
Meeting |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.3 |
Annual Meeting shall be convened by the Board and shall be held as soon as practicable, but not later than six months after the end of the financial year, unless the approval of the Registrar has, within the said period of six months, been obtained to extend that period. |
|
Annual General
Meeting |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.4 |
An Extra-Ordinary General Meeting shall be convened by the Founder Member or the Board whenever it thinks fit, or on receipt of a requisition for such a meeting signed by at least one-fifth or one hundred of the Ordinary Members, whichever is the less, stating the objects of the meeting. Extra-Ordinary General Meeting may also be convened on the request of at least two Institutional Members. |
|
Extra-Ordinary
General
Meeting |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.5 |
If the Board fails to convene a meeting in accordance with By-law 5.4 within one month of receiving the requisition for the meeting, the members making the requisition shall have power to convene the meeting themselves by notice to all members of the Society stating the objects of the meeting and the fact that the Board has failed to convene the meeting. |
|
Powers of
Members to
convene
General
Meeting |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.6 |
The Registrar or his representative may at any time convene a Special General Meeting and may also direct what matters shall be discussed at the meeting. |
|
Special
General
Meeting |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.7 |
Notice of every general meeting shall be sent to each member entitled to attend the meeting or to be represented at the meeting and to the Registrar at least seven clear days, and in the case of a proposed amendment to the By-laws at least fifteen clear days, prior to the date of the general meeting. The notice shall state the matters for discussion and the resolutions to be proposed and no other subject shall be discussed without the consent of the majority of the members present and voting at such general meeting. A copy of the Annual Report, incorporating the notice, the Statement of Accounts and the External Auditor's report, if any, shall be displayed for the information of the members at the registered address of the Society at least seven (7) days before the date fixed for the General Meeting. Every member shall be entitled to a copy but the non-receipt of the report by a member shall not invalidate the proceedings of the General Meeting. |
|
Notice of AGM |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.8 |
The functions of the Annual General Meeting of the Society are: |
|
Functions of
Annual General
Meeting |
|
| |
|
|
|
| |
|
(a) |
to consider and confirm the minutes of the last Annual General Meeting and any other intervening general meeting; |
|
|
| |
|
|
| |
|
(b) |
to consider the auditor's report, the reports of the Board and any report made by the Registrar or his representative; |
|
|
|
| |
|
|
| |
|
(c) |
to approve the financial statements and the budget of the following year; |
|
|
|
| |
|
|
| |
|
(d) |
to consider and resolve the manner in which any available net surplus shall be distributed or invested subject to the provisions of the Act, the Rules and the By-laws; |
|
|
|
| |
|
|
| |
|
(e) |
to consider and adopt any amendments to the By-laws; |
|
|
|
| |
|
|
| |
|
(f) |
to elect members to the Board; |
|
|
|
| |
|
|
| |
|
(g) |
to elect internal auditors; |
|
|
|
| |
|
|
| |
|
(h) |
to appoint, where necessary, the external auditors of the Society; |
|
|
|
| |
|
|
| |
|
(i) |
to consider and determine the maximum amount the Society may borrow subject to the provision of the Act and By-law 9.10 ; |
|
|
|
| |
|
|
| |
|
(j) |
to write off bad debts exceeding $100 subject to the approval of the Registrar; and |
|
|
|
| |
|
|
| |
|
(k) |
to transact any other general business of the Society of which at least 3 days' notice has been given in writing to the Secretary. |
|
|
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.9.1 |
No business shall be transacted at any general meeting unless a quorum of members is present. The quorum necessary for such transaction shall be one-fifth or fifty of all members qualified to vote, whichever is the less. |
|
Quorum at
General
Meeting |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.9.2 |
If within thirty minutes after the time fixed for a general meeting, the members present are not sufficient to form a quorum, such meeting shall be considered as dissolved if convened on the requisition of the members; in all other cases it shall be postponed to a date at least seven days and not more than fourteen days later, at the same time and place, and the business to be transacted at such postponed meeting shall be the same as, and no other than, that proposed for the original date of the meeting; and if at the postponed meeting a quorum is not present within thirty minutes from the time fixed for the meeting, the members present shall form a quorum, except that general meeting with such reduced quorum shall not have the power to amend the By-laws and that any resolution passed at the meeting shall not be valid unless it is passed with a majority of two-thirds of the members present. |
|
Postponed
General
Meeting |
|
| |
|
|
| |
5.10.1 |
All members who are not in default shall be eligible to vote at any general meeting of the Society. A defaulting member shall be one who has failed to pay his dues within such time as may be required by these By-laws or within such extended time as may be allowed by the Board of Directors. |
|
|
|
| |
|
|
| |
5.10.2 |
The Founder Member shall be represented by not more than ten delegates who shall have at their disposal a total number of votes equal to the number of shares held by the Founder Member. |
|
Delegates and
votes |
|
| |
|
|
| |
5.10.3 |
Each institutional Member shall be represented by two delegates who shall have at their disposal a total number of votes equal to the number of shares held by the Institutional Member they represent. |
|
|
|
| |
|
|
| |
5.10.4 |
Each Ordinary Member shall have one vote regardless of the number of shares held by him. |
|
|
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.10.5 |
The Founder and Institutional Members shall notify the Secretary in writing of the names of their delegates who are authorised to attend the general meeting on their behalf. The names of the delegates shall be entered in the books of the Society and shall hold good until revoked. |
|
Representation
and Voting at
General
Meeting |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.10.6 |
A Credential Card shall be sent with the Annual Report to each of the nominated delegates representing the Founder Member and the Institutional Members. |
|
Credential
Cards |
|
| |
|
|
| |
5.10.7 |
Except as otherwise provided in the Act or in these By-laws a question referred to the members present at a general meeting shall be decided by a majority of votes. In the case of an equality of votes the motion shall be held to be lost. The Chairman shall have no casting vote. In the case of election of officers, voting shall be by secret ballot. |
|
|
|
| |
|
|
| |
5.10.8 |
Where it is provided in the Act or in these By-laws that a resolution shall be passed by not less than a prescribed majority of the members present and voting at a general meeting, the resolution shall be deemed to be passed if not less than the prescribed majority of the total number of votes are cast in favour of the resolution. |
|
|
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.10.9 |
In the case of amendment of By-laws, a resolution to amend the By-laws shall be passed either: |
|
Resolution for
Amendment of
By-laws |
|
| |
|
|
| |
|
(a) |
by not less than three-quarters of the members present and voting at a general meeting duly summoned; or |
|
|
|
| |
|
|
| |
|
(b) |
if a referendum is held, by not less than three-quarters of the votes returned, provided that the voting papers have been sent to all members of the Society and that the number of returned votes is not less than one-third of the membership or five hundred, whichever is the less, and the returned votes are examined and counted under the supervision of the Registrar. |
|
|
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.10.10 |
No By-laws or amendment to a By-law of the Society shall be valid until it has been registered by the Registrar. A member of the Society shall not, without the consent in writing having been first obtained, be bound by any amendment of the By-laws registered after he became a member, if and so far as that amendment in any way increases his liability to contribute to the share capital of the Society. |
|
Validity of
By-laws |
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
| |
|
|
| |
5.11.1 |
Minutes of the general meeting shall be entered in the minute book and shall contain: |
|
Minutes of
General
Meeting |
|
| |
|
|
|
| |
|
(a) |
the number of members present at the meeting and the name of the Chairman who presided; |
|
|
| |
|
|
| |
|
(b) |
the time the meeting commenced and ended; |
|
|
|
| |
|
|
| |
|
(c) |
all resolution and decisions made at the meeting, |
|
|
|
| |
|
|
| |
5.11.2 |
The minutes of each meeting shall be read or shall be taken as read if previously circulated at the next meeting and, if confirmed or after amendment, signed by the Chairman of that meeting and the Secretary, and when so signed shall be evidence of anything contained therein. |
|
|
|
| |
|
|
| |
Back to Index |
|
Back to top |
|
| |
|
|
