There shall be a Board of Directors
for the Federation.
The Board of Directors shall consist
Every year the first Board Meeting shall elect the Chairman
of the Board of Director from among at the Division Representative
of the Chairman of the Affiliated co-operative societies in Karnataka. The
Chairman shall continue to hold office for one year or till a new chairman is
elected as per the byelaw.
All members of the Board and the Chairman of the federation
except the Managing Director shall be honorary poets. There shall be no Vice
–Chairman in the Federation.
Not withstanding anything contained in these byelaws, the
Government of Karnataka may initially nominate from among. Its official orders
and National & State Federation and Corporations, all the member of the
Board of Directors including the Chairman for a period not exceeding Five years
from the date of First General Body Meeting of the Federation.
When a person becomes a member of the Board of Directors by
reason of the Office or the post he holds, his membership of the Board shall
terminate when he ceases to hold that office or post and his successor shall
automatically replace him on the Board.
If at a later date it was discovered that there was defect
in the appointment of the Board or a member of the Board, notwithstanding this,
all acts done by the Board or any person acting in his capacity as a member of
the Board shall be valid as if the Board or any such member had been duly
The Board of Directors may meet as often as it considers
necessary, but it shall meet at least once in three months. Such
meetings shall be convened by giving 10 clear days of notice.
No member shall be allowed to participate or vote on the
proceedings of any matter in which he/she has personal or any other interest.
The Sitting fees for all the members of the Board of
Directors including the Chairman shall be Rs.75/- per member per meeting. However
the Managing Director is not eligible for the sitting fees.
The Government servant members of the Board of Directors are
eligible for the travelling and other allowances admissible to their scale of
pay as notified by the Government of Karnataka from time to time.
The Chairman and members of the Board of the Federation
shall be eligible for the following travelling and other allowances when on
tour for Federation work within or outside the State.
By own Car/Jeep
Actual Air fare incurred
Actual AC 1st Class AC-2 Tier or
1st Class fare incurred
Actual Bus fare incurred
Rs.2/- per KM
Rs.120/- per day within the State.
Rs.225/- per day outside the
Powers, Responsibilities and
Function of the Board
Powers to decide the policies of the Federation shall be
vested in the Board. The Board shall have and exercise all such
powers and enter into all such agreements take all such decisions and do all
such acts as may be necessary or proper for the Management of the Federation
and for carrying out the objectives for which the Federation is
established. The Board shall take necessary steps for securing and
furthering its interest subject to the provisions of the Act or such act all
shall hereafter take its place and to any rules which may be passed by the
State Government in pursuance of the said Act and subject also to these byelaws
or any byelaws which may be made by the Federation without prejudice to the
General powers conferred by these byelaws upon the Board.
The following powers and authorities
are given to and conferred upon the Board.