VENKATARAMANA RAO
R. Ganesa Ayyar – Appellant
Versus
The Lakshmi Co-Operative Building Society – Respondent
Venkataramana Rao, J.
1. The question in this case is whether the petitioner is entitled to recover a sum of Rs. 242-1-0 as and for remuneration, for the services rendered by him as Secretary of the defendant. The Lakshmi Co-operative Building Society, Limited, for the year 1928-29 and a portion of the year 1929-30. The learned Subordinate Judge negatived his claim on the ground that the general body has refused sanction for the payment claimed by him and has, therefore, no right to sue, therefor. It is contended before me that this view is wrong. To appreciate the contention, reference to a few by-laws of the Society is necessary. Under by-law No. 17 the executive management of the affairs of the Society shall vest in a Board of Directors which shall consist of not more than five members. Under by-law No. 18 the members of the Board of Directors shall be elected by the general body for a period of two years from among the members of the Society. After the Board of Directors is elected, they shall elect from among themselves a President and a Secretary and Treasurer. Under by-law No. 28 the services of the members of the Board of Directors shall be gratuitous. Under by-law N
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.