Bare ActsThe Nagaland Co-operative Societies Act, 2017

Section 54

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

Share or interest not liable to attachment: Notwithstanding anything contained in any other law for the time being in force and subject to the provision of Section 56, the share or interest of a member in the capital of a registered society or in any fund shall not be liable to attachment or sale under any decree or order of a court in respect of any debt or liability incurred by such member nor be subject to any claim bya receiver.

Section 54 – The Nagaland Co-operative Societies Act, 2017 | DailyLaw.ai