Co-operative Alternate options is the only physique in Northern Ireland fully dedicated to developing profitable co-operatives and community profit societies. 145 (1) If a co-operative exercises its company powers when its members are fewer in quantity than the minimal number required by subsection (4) for a interval of greater than six months after the number has been so decreased, every person who was a member of the co-operative throughout the time that it so exercised its corporate powers after such period of six months and is conscious of the fact that it so exercised its corporate powers is severally accountable for the fee of the whole of the money owed of the co-operative contracted throughout such time and could also be sued for the money owed with out the joinder within the motion of the co-operative or of every other member.
4. A register of directors wherein are set out the names and residence addresses while administrators, including the street and number, if any, of all individuals who are or have been administrators of the co-operative with the several dates on which they’ve become or ceased to be a director.
118 (1) The records talked about in sections 114 and … Read More