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Section 52: Disposal of Principal Government Partnership Fund and Subsidiary Government Partnership Fund on winding up of an apex or a central society.

The Jammu and Kashmir Co-Operative Societies Act, 1989Union territory Act of Jammu and Kashmir · Act 10 of 1989

(1) If an apex society which has established a ‘Principal Government Partnership Fund’ is wound up or is dissolved, all moneys to the credit of, or payable to, that fund shall be paid to the Government.

(2) If a central society which has established ‘Subsidiary Government Partnership Fund’ is wound up or is dissolved all money to the credit of, or payable to, that fund shall be paid and credited to the “Principal Government Partnership Fund” from which it received money under clause (b) of subsection (2) of section 45.

Where this provision sits

ActThe Jammu and Kashmir Co-Operative Societies Act, 1989
Section52
Marginal noteDisposal of Principal Government Partnership Fund and Subsidiary Government Partnership Fund on winding up of an apex or a central society.
JurisdictionUnion territory of Jammu and Kashmir
StatusIn force as published by the source

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