Subject to the provisions of section 41, the share or interest of a member in the capital of a co-operative society shall not be liable to attachment or sale under any decree or order of a court of justice in respect of any debt or liability incurred by such member or past-member and an official assignee or a receiver under any law relating to in solvency shall not be entitled to, or have any claims on, such share or interest.
Section 42: Share of interest not liable to attachment
The Uttar Pradesh Co-Operative Societies Act, 1965State Act of Uttar Pradesh · Act 11 of 1966
Where this provision sits
| Act | The Uttar Pradesh Co-Operative Societies Act, 1965 |
|---|---|
| Section | 42 |
| Marginal note | Share of interest not liable to attachment |
| Jurisdiction | State of Uttar Pradesh |
| Status | In force as published by the source |
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