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Section 57: Restrictions on amount of dividend

The Puducherry Co-Operative Societies Act, 1972Union territory Act of Puducherry · Act 7 of 1973

An apex society which has purchased shares in other registered societies from the moneys in the Principal State Partnership Fund and a central society which has purchased shares in primary societies from the moneys in the Subsidiary State Partnership Fund shall be entitled only to such dividend on the said shares as is declared by the society concerned and payable to other shareholders of that society.

Where this provision sits

ActThe Puducherry Co-Operative Societies Act, 1972
Section57
Marginal noteRestrictions on amount of dividend
JurisdictionUnion territory of Puducherry
StatusIn force as published by the source

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