Section 112
Presumptions to be drawn where minutes duly drawn and signed.
The Multi-State Co-operative Societies Act, 2002
About this Act
An Act to consolidate and amend the law relating to co-operative societies, with objects not confined to one State and serving the interests of members in more than one State, to facilitate the voluntary formation and democratic functioning of co-operative s as peoples institutions based on self-help and mutual aid and to enable them to promote their economic and social betterment and to provide functional autonomy and for matters connected therewith or incidental thereto.
Where minutes of the
proceedings of any general meeting of the multi-State co-operative society or of any meeting of its board
or a committee of the board have been kept in accordance with the provisions of section 110, then, until
the contrary is proved, the meeting shall be deemed to have been duly called and held, and all proceedings
thereat to have duly taken place, and in particular, all appointments of directors or liquidators made at the
meeting shall be deemed to be valid.