sec.249When special postal ballot is required

sec.249 When special postal ballot is required

The board of a co-operative must conduct a special postal ballot when required by a provision of this Law. Voting by special postal ballot is provided for by this Law as follows— conversion of— a co-operative with share capital to a co-operative without share capital, or vice versa; or a distributing co-operative to a non-distributing co-operative, or vice versa; (see section 35 ); a special resolution to require members to take up or subscribe for additional shares and a special resolution to deduct amounts for additional shares (see section 82 ); a special resolution on the requisition of members (see section 250 ); a special resolution to require members to lend money to the co-operative (see section 343 ); an acquisition or disposal of certain assets (see section 359 ); the maximum permissible level of share interest in a co-operative (see section 363 ); certain share offers (see section 374 ); a merger (see sections 396 and 476 ); a transfer of engagements (see sections 396 and 476 ); a transfer of incorporation (see section 404 ); a compromise or arrangement between a co-operative and its members (see section 414 ); a members’ voluntary winding up (see section 445 ).

• (a) conversion of— (i) a co-operative with share capital to a co-operative without share capital, or vice versa; or (ii) a distributing co-operative to a non-distributing co-operative, or vice versa; (see section 35 );
• (i) a co-operative with share capital to a co-operative without share capital, or vice versa; or
• (ii) a distributing co-operative to a non-distributing co-operative, or vice versa;
• (b) a special resolution to require members to take up or subscribe for additional shares and a special resolution to deduct amounts for additional shares (see section 82 );
• (c) a special resolution on the requisition of members (see section 250 );
• (d) a special resolution to require members to lend money to the co-operative (see section 343 );
• (e) an acquisition or disposal of certain assets (see section 359 );
• (f) the maximum permissible level of share interest in a co-operative (see section 363 );
• (g) certain share offers (see section 374 );
• (h) a merger (see sections 396 and 476 );
• (i) a transfer of engagements (see sections 396 and 476 );
• (j) a transfer of incorporation (see section 404 );
• (k) a compromise or arrangement between a co-operative and its members (see section 414 );
• (l) a members’ voluntary winding up (see section 445 ).
• (i) a co-operative with share capital to a co-operative without share capital, or vice versa; or