Subject to the provisions of section 42, the share or interest or contribution of a member in the capital of a registered society shall not be liable to attachment or sale under any decree or order of a court, in respect of any debt or liability incurred by such member, nor shall a receiver under the Provincial Insolvency Act, 1920 (5 of 1920), be entitled to have any claim on such share or interest or contribution.
Section 27: Share or interest not liable to attachment
The Himachal Pradesh Cooperative Societies Act, 1968State Act of Himachal Pradesh · Act 3 of 1969
Where this provision sits
| Act | The Himachal Pradesh Cooperative Societies Act, 1968 |
|---|---|
| Section | 27 |
| Marginal note | Share or interest not liable to attachment |
| Jurisdiction | State of Himachal Pradesh |
| Status | In force as published by the source |
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