Office Bearers

19. The Chairman of the Board of Directors shall be appointed by the Government from amongst its nominees if it has contributed to the share capital of the Federation to the extent required for the purpose under the Act. Such person shall hold office during the pleasure of Government. His tenure shall not exceed the tenure of the Board in any case.

Provided, if the Government has not contributed to the share capital to the required extent, the Chairman of the Board shall be elected from amongst the members of the Board of Directors and his term shall be co-terminus with that of the Board.

20. The Vice Chairman shall be elected from amongst the members of the Board. The term of the person so elected shall be co-terminus with that of the Board.

21. A member of the Board shall cease to hold office if:

(i) he ceases to be member of the society he represents;

(ii) the society which he represents is included in the list of' D' Class societies maintained by Registrar;

(iii) the society which he represents is brought under winding up or its registration is cancelled.

(iv) he abstains from three consecutive meetings of the Board of Directors without sufficient reasons.

22. Any vacancy occurring in the Board shall be filled by Co-option from amongst the member societies. Provided that the term of the member so co-opted shall be co-terminus with that of the Board.

23. At least 15 days' notice (specifying the date, time, place and agenda) of the meeting of Board of Directors shall be given to the members before the meeting is held.

Provided that 7 days' notice of the meeting of Executive Committee, Administrative Committee or any other Sub Committee constituted by the Board shall be given to the members of such Committee before its meeting is held.

24. The Board of Directors shall meet at least once in three months. One third of the total members shall form quorum for meeting of the Board. The Chairman or in his absence Vice Chairman and if both are absent, a member elected by those present in the meeting shall preside over the meeting of the Board. Each member shall have one vote. Unless otherwise provided in these bye-laws or by the Statutory rules notified by the Government all questions shall be decided by a majority of votes. In case of equality of votes, the Chairman of the meeting shall have a casting vote.

Any five members of the Board of Directors may give requisition for a special meeting of the Board of Directors by giving seven days notice to the Managing Director of the Federation. On the receipt of the requisition, the Managing Director shall convene a meeting of the Board of Directors at the Headquarters of the Federation. If he fails to do so within 30 days, the Registrar on the application of the signatories of the requisition may summon a meeting of the Board of Directors. The Registrar may on his own motion at any time summon a meeting of the Board of Directors.