Section 36 of MCS ACT 1960 : Societies to be bodies corporate
36.Societies to be bodies corporate The registration of a society shall render it a body corporate by the name under which it is registered,...
Friday, 30 September 2022
Friday, 23 September 2022
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...
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...
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, ...
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...
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 ...
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...
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...
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...
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...
