Section 48: Other forms of State aid to co-operative societies The Himachal Pradesh Cooperative Societies Act, 1968 State Act of Himachal Pradesh · Act 3 of 1969
Notwithstanding anything contained in any law for the time being in force, the Government may,-
(a) subscribe to the share capital of a co-operative society;
(b) give loans or make advances to a co-operative society;
(c) guarantee the repayment of share capital of a co-operative society and dividends thereon at such rates as may be specified by the Government;
(d) guarantee the repayment of principal and payment of interest on loans and advances to a co-operative society; and
(e) give financial assistance in any other form, including subsidies to any society.
Previous Section 47Next Section 49Where this provision sits Find the provision, not just read it The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
Search 49,000+ Central and State enactments by what a provision says, not by its number Jump from any section to every judgment that has applied it Search 300 million+ Indian court records alongside the statute Ask a research agent to find and read the case law on a provision for you Free account. No card. About a minute to create.
Create a free account 