Rajasthan State Cooperative Socities Act 2001State Act of Rajasthan · Act 16 of 2002
An ordinary member will cease to be a member; 12.1 On resignation (If permitted by the Register);
12.2 On liquidation;
12.3 On expulsion;
12.4 On failure to fulfill the obligations mentioned in the bye-laws No. 13.
12.5 On failure to pay shares and/or debentures as called upon by the Board as per the provisions of the bye-laws.
12.6 If it has less than two lakh units dealing through the Federation continuously for three years.
12.7 An ordinary member, ceasing to be a member, shall be entitled to receive back the amount not exceeding the actual sum paid by it. On account of shares after two years.