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Monday 17 October 2022

Section 99 of MCS ACT 1960 : Private transfer of property made after issue of certificate void against society

 99.Private transfer of property made after issue of certificate void against society

Any private transfer or delivery of, or encumbrance or charge on, property made or created after the issue of the certificate of the Registrar, 8[Co-operative Court], Liquidator or Assistant Registrar, as the case may be, under section 98 shall be null and void as against the society on whose application the said certificate was issued.