Section 35 of MCS ACT 1960 : Expulsion of Members 35.Expulsion of Members (1) A society may, by resolution passed 1[ by a majority of not less than three-fourths] of the members entitled to... Continue Reading Share This: Facebook Twitter Google+
Section 34 of MCS ACT 1960 : Insolvency of Members 34.Insolvency of Members Notwithstanding anything contained in the Presidency-towns Insolvency Act, 1909, the Provincial Insolvency Act, 192... Continue Reading Share This: Facebook Twitter Google+
Section 33 of MCS ACT 1960 : Liability of past member and estate of deceased member 33.Liability of past member and estate of deceased member (1) Subject to the provisions of sub-section (2), the liability of a past member, ... Continue Reading Share This: Facebook Twitter Google+
Section 32A of MCS ACT 1960 : Certain societies to give pass books to members and entries in such book evidence of amount due 32A.Certain societies to give pass books to members and entries in such book evidence of amount due (1) A society which gives loans to its m... Continue Reading Share This: Facebook Twitter Google+
Section 32 of MCS ACT 1960 : Rights of members to see books, etc 32.Rights of members to see books, etc (1) Every member of a society shall be entitled to inspect, free of cost, at the society’s office ... Continue Reading Share This: Facebook Twitter Google+
Section 31 of MCS ACT 1960 : Share or interest not liable to attachment 31. Share or interest not liable to attachment The share or interest of a member in the capital of a society, or in the loan-stock issued... Continue Reading Share This: Facebook Twitter Google+
Section 30 of MCS ACT 1960 : Transfer of interest on death of member 30.Transfer of interest on death of member (1) On the death of a member of a society, the society shall transfer the share or interest of th... Continue Reading Share This: Facebook Twitter Google+
Section 29 of MCS ACT 1960 : Restrictions on transfer or charge of share or interest 29.Restrictions on transfer or charge of share or interest (1) Subject to the provisions of the last preceding section as to the maximum hol... Continue Reading Share This: Facebook Twitter Google+
Section 28 of MCS ACT 1960 : Restrictions on holding of shares 28.Restrictions on holding of shares In any society, 4[no member, other than the Government, or any other society, or with the previous sanc... Continue Reading Share This: Facebook Twitter Google+
Section 27 of MCS ACT 1960 : Voting Powers of Members 27.Voting Powers of Members (1) Save as otherwise provided in sub-sections (2) to (7), both inclusive, no member of any society shall have m... Continue Reading Share This: Facebook Twitter Google+