Common Contracts

Before R. S. Narula, J. CHARAN SINGH,—Petitioner. versus

Lease Agreement • April 26th, 2017

• Contract Type
  Lease Agreement
• Filed
  April 26th, 2017

Held, that section 26 of Punjab Co-operative Societies Act, 1961, does not purport to provide for the entire constitution of a committee of manage­ ment of a co-operative society. All that sub-section (1) of section 26 appears to say is that so far as the matter of filling the elective seats on a committee is concerned, it would be subject to the following two condi­ tions viz:— (1) No person would be eligible for such election unless he is a share-holder of the society; and (2) such a member must be elected in the manner prescribed by the rules framed under the Act. The plain and unambiguous language of section 26(1) cannot be construed in such a manner as to spell out of it a provision reserving all the seats on a