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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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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