Article 243ZP of CoI : Article 243ZP: Returns.

CoI

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Explanation using Example

Example 1:

Scenario: A Farmer's Co-operative Society in Maharashtra

The "Green Harvest Co-operative Society" is a farmer's co-operative society in Maharashtra. The financial year ends on March 31st. According to Article 243ZP, the society must file its returns by September 30th.

  1. Annual Report of Activities: The society submits a detailed report outlining the various activities undertaken during the year, such as procurement of seeds, distribution of fertilizers, and training programs for farmers.
  2. Audited Statement of Accounts: The society provides an audited financial statement showing income from the sale of produce, expenses on procurement, salaries, and other operational costs.
  3. Plan for Surplus Disposal: The general body of the society approves a plan to use the surplus funds for building a new storage facility and providing scholarships to the children of member farmers.
  4. List of Amendments to Bye-laws: The society submits a list of amendments made to its bye-laws, such as changes in membership criteria and voting rights.
  5. Declaration Regarding General Body Meeting and Elections: The society declares that it held its annual general body meeting on June 15th and conducted elections for the board of directors on the same day.
  6. Other Information Required by Registrar: The Registrar requests additional information on the society's compliance with environmental regulations, which the society provides.

Example 2:

Scenario: An Urban Housing Co-operative Society in Delhi

The "Sunshine Housing Co-operative Society" is an urban housing co-operative society in Delhi. The financial year ends on March 31st. According to Article 243ZP, the society must file its returns by September 30th.

  1. Annual Report of Activities: The society submits a report detailing activities such as maintenance of common areas, security arrangements, and community events organized for residents.
  2. Audited Statement of Accounts: The society provides an audited financial statement showing income from maintenance fees, expenses on repairs, salaries of staff, and utility bills.
  3. Plan for Surplus Disposal: The general body approves a plan to use the surplus funds for installing solar panels and upgrading the water filtration system.
  4. List of Amendments to Bye-laws: The society submits a list of amendments made to its bye-laws, such as changes in parking regulations and pet policies.
  5. Declaration Regarding General Body Meeting and Elections: The society declares that it held its annual general body meeting on July 10th and conducted elections for the management committee on the same day.
  6. Other Information Required by Registrar: The Registrar requests additional information on the society's fire safety measures, which the society provides.
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