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Section 6: Restriction on holding of shares

Andaman and Nicobar Islands Cooperative Socities Regulation 1973Union territory Act of Andaman and Nicobar Islands · Act 3 of 1973

No member, other than the Government or a co-operative society, shall hold more than such portion of the share capital of a co-operative society, subject to a maximum of one-fifth , as may be prescribed or have or claim any interest in the shares of such society exceeding ten thousand rupees.

Where this provision sits

ActAndaman and Nicobar Islands Cooperative Socities Regulation 1973
Section6
Marginal noteRestriction on holding of shares
JurisdictionUnion territory of Andaman and Nicobar Islands
StatusIn force as published by the source

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