Section 30: Insolvency of members

Madhya Pradesh Co-Operative Societies Act, 1960State Act of Madhya Pradesh · Act 17 of 1960

Notwithstanding anything contained in the Provincial Insolvency Act, 1920 (V of 1920), in an insolvency proceeding against a member of a society, the dues of the society shall have priority over all other dues except those payable to Government.

CHAPTER IV - DUTIES, PRIVILEGES, PROPERTY AND FUNDS OF SOCIETIES

Where this provision sits

Act	Madhya Pradesh Co-Operative Societies Act, 1960
Section	30
Marginal note	Insolvency of members
Jurisdiction	State of Madhya Pradesh
Status	In force as published by the source

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