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Friday 23 September 2022

Section 25 of MCS ACT 1960 : Cessation of Membership

25.Cessation of Membership

A person shall cease to be a member of a society on his resignation from the membership thereof being accepted, or on the transfer of the whole of his share or interest in the society to another member, or on his death, or removal or expulsion 1[from the society, or where a firm, company, any other corporate body, society or trust is a member, on its dissolution or ceasing to exist.]