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Consider the following with regards to 97th Constitutional Amendment Act
1. It inserted right to form Co-operative as a fundamental right.
2. It fixed minimum and maximum numbers of directors allowed for a Co-operative.
Which of the statements given above is/are correct?
1 only
2 only
both
none
The Parliament passed the Constitution (Ninety Seventh Amendment) Act, 2011 with an objective to promote voluntary formation, autonomous functioning, democratic control and professional management of Co-operative Societies. It inserted Co-operative Societies in Article 19(1)(c); inserted Article 43B in Part IV and also inserted Part IXB in the Constitution containing Articles 243ZH to 243ZT. Various restrictions have been imposed upon the State Legislatures while enacting law relating to Co-operative Societies which was earlier unfettered prior to the incorporation of Part IXB. Article 243ZJ provides that maximum number of Directors of a Co-operative Society shall not exceed twenty-one. But the Constitutional Amendment Act has not fixed any minimum number of Directors for a Co-operative.
By: Anjana agarwal ProfileResourcesReport error
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