A co-operative society shall have a charge on the share or contribution or interest in the capital and on the deposits of a member or past member or deceased member and on any dividend, bonus or profits payable to a member or past member or the estate of a deceased member in respect of any debt due from such member or past member or the estate of such deceased member to the society, and may set-off any sum credited or payable to a member or past member or the estate of a deceased member in or towards payment of any such debt.
Section 33: Charge and set-off in respect of share or contribution or interest of the members
Andaman and Nicobar Islands Cooperative Socities Regulation 1973Union territory Act of Andaman and Nicobar Islands · Act 3 of 1973
Where this provision sits
| Act | Andaman and Nicobar Islands Cooperative Socities Regulation 1973 |
|---|---|
| Section | 33 |
| Marginal note | Charge and set-off in respect of share or contribution or interest of the members |
| Jurisdiction | Union territory of Andaman and Nicobar Islands |
| Status | In force as published by the source |
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