Bare ActsThe Himachal Pradesh Cooperative Societies Act, 1968

Section 55

Funds not to be divided

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Funds not to be divided.- No part of the funds, other than the dividend, equalisation or bonus equalisation funds as may be prescribed or the net profits of a society, shall be paid by way of bonus or dividend, or

Section 55 – The Himachal Pradesh Cooperative Societies Act, 1968 | DailyLaw.ai