Bare ActsThe Nagaland Co-operative Societies Act, 2017

Section 103

Amendment status not verified — confirm the current text below against the official source.

Punishment for disposing property in contravention of Section 61: Any member, past member or the nominee, heir or legal representative of a deceased member removing or otherwise disposing of any property on which a registered society holds a charge under Section 61 with intend to defraud the society or with such intents doing any other act to the prejudice of the society's charge shall be punishable with a fine not less than five thousand rupees or as the Registrar may deem fit.

Section 103 – The Nagaland Co-operative Societies Act, 2017 | DailyLaw.ai