AAFC Act 9

Section 9 · Cessation of membership

(1)

An agriculturist member shall be liable to forfeit his membership and cease to be a member of the Corporation and may, accordingly, be removed from such membership in the manner prescribed, if it is decided by the Board that he has failed to abide by the provisions of this Act or rules made thereunder or the terms and conditions contained in the Memorandum of Association or bye-laws or for reasons of misconduct detrimental to the interests of the Corporation :Provided that the Board may, if it so desires, instead of removing such an agriculturist member from the membership of the Corporation, allow him to continue as an agriculturist member, by releasing a reasonable compounding fee, not exceeding one thousand rupees;Provided further that an agriculturist member aggrieved by a decision of the Board under this sub-section, may appeal to the State Government against such decision of the Board and the decision of the State Government on such an appeal shall be final and binding on the Corporation and the agriculturist member concerned.

(2)

An agriculturist member may at any time resign from the membership of a Corporation by giving due notice in writing in the manner prescribed to the Secretary of the Corporation.

(3)

An agriculturist member ceasing, to be a member of the Corporation under sub-Sections (1) and (2) shall be liable to be removed from the possession of the land or other property of the Corporation allowed for his use while he was a member of the Corporation.

(4)

An agriculturist member ceasing to be a member of the Corporation shall forfeit the amount invested by him in the ordinary shares of the Corporation, but the amount invested by him in the preference shares will be payable to him after realisation of all dues from him. The Corporation shall also pay to him reasonable compensation for any immovable structures created by him or crops grown or animals or birds raised by him on the land of the Corporation with due authority from the Corporation and left behind by him :Provided that no such compensation shall be payable in respect of structures erected, crops grown or animals or birds raised by the said member on the land of the Corporation without due authority and such structures, crops or animals or birds shall be taken over by and forfeited to the Corporation.

(5)

Any sums due from any agriculturist member who ceases to be member of the Corporation under sub-Sections (1) and (2) shall be realisable as arrear of land revenue from him and for that purpose of the amount due to such member under sub-section (4) may be adjusted by the Corporation against the dues of members to the Corporation.

(6)

The amount of ordinary share capital of an agriculturist member, which is forfeited under sub-section (4) will be transferred to the reserve fund of the Corporation.

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