An apex society which has purchased shares in other co-operative societies from the money in the ‘Principal Government Partnership Fund’ and a central society which has purchased shares in primary societies from the money in the ‘Subsidiary Government Partnership Fund’ shall be entitled only to such dividend on the said shares as is declared by the society concerned and is payable to other share-holders of that Society.
Section 49: Restriction on amount of dividend.
The Jammu and Kashmir Co-Operative Societies Act, 1989Union territory Act of Jammu and Kashmir · Act 10 of 1989
Where this provision sits
| Act | The Jammu and Kashmir Co-Operative Societies Act, 1989 |
|---|---|
| Section | 49 |
| Marginal note | Restriction on amount of dividend. |
| Jurisdiction | Union territory of Jammu and Kashmir |
| Status | In force as published by the source |
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 accountNeed this as data, not as a page? The Jammu and Kashmir Co-Operative Societies Act, 1989 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.