After making the allocation to the Reserve Fund as prescribed in Section 53, the remaining net profits of a registered co-operative society may be distributed according to the rules and bye-laws of the co-operative society.
Section 54: Distribution of Net Profit
The Meghalaya Co-operative Societies Act, 2015 (Act No. 11 of 2015)State Act of Meghalaya · Act 11 of 2015
Where this provision sits
| Act | The Meghalaya Co-operative Societies Act, 2015 (Act No. 11 of 2015) |
|---|---|
| Section | 54 |
| Marginal note | Distribution of Net Profit |
| Jurisdiction | State of Meghalaya |
| Status | In force as published by the source |
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