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Section 6: Reconstitution and formation of the existing and corresponding new societies to be binding on shareholders and creditors

The Chhattisgarh Sahakari Society (Punargathan Aur Nirman) Adhiniyam, 2000. No. 34 of 2000 Dt. 28.11.2000State Act of Chhattisgarh · Act 34 of 2000

The reconstitution of the existing societies and the formation and registration of the corresponding new societies and the allotment of assets and liabilities as between the societies as reconstituted and the corresponding new societies, effected under Sections 3, 4 and 5 shall in all respects be binding on all the shareholders and the creditors of each of the existing societies.

Where this provision sits

ActThe Chhattisgarh Sahakari Society (Punargathan Aur Nirman) Adhiniyam, 2000. No. 34 of 2000 Dt. 28.11.2000
Section6
Marginal noteReconstitution and formation of the existing and corresponding new societies to be binding on shareholders and creditors
JurisdictionState of Chhattisgarh
StatusIn force as published by the source

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