Where any shares are purchased in a co-operative society by
(a) the Government ; or
(b) an apex society or a central society from the Principal Government Partnership Fund or the Subsidiary Government Partnership Fund as the case may be ;
the liability in respect of such shares shall, in the event of the co-operative society being wound up, be limited to the amount paid in respect of such shares.
(a) the Government ; or
(b) an apex society or a central society from the Principal Government Partnership Fund or the Subsidiary Government Partnership Fund as the case may be ;
the liability in respect of such shares shall, in the event of the co-operative society being wound up, be limited to the amount paid in respect of such shares.
आगे पढ़ें / Continue reading
Explore the next section or browse this act in the selected language.
Next · Section 49Restriction on amount of dividend. →All sections / सभी धाराएँTHE JAMMU AND KASHMIR CO-OPERATIVE SOCIETIES ACT, 1989 →
More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · The Registrar.Section 4 · Societies which may be registered.Section 5 · Application for registration of Co-operative Societies.Section 6 · Registration.Section 7 · Registration certificate.Section 8 · Registration with limited or unlimited liability.India Code, Government of India. Text fetched 11 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.