Bare ActsThe West Bengal Co-operative Societies Act, 1983

Section 74

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

Notwithstanding anything contained in any law for the time Share or being in force but subject to the provisions of section 57, the share or interest not liable to interest of a member in the capital of a co-operative society or in the attachment. provident fund established under section 66 shall not be liable to attachment or sale under any decree or order of a court in respect of any of loans. 353 The West Bengal Co-operative Societies Act, 1983. [West Ben. Act (Chapter Val.—Eligibility for membership and privileges, liabilities and obligations of members.—Sections 75-77.) Liability of members. Liability of past member or estate of deceased member. Restrictions on interest of members of co-operative society with limited liabi- lity and share capital. debt or liability incurred by such member, and neither the Official Assignee under the Presidency-towns Insolvency Act, 1909 nor the 3 of 1909. receiver under the Provincial Insolvency Act 1920 shall be entitled to, 5 of 1920. or have any claim on, such share or interest.

Section 74 – The West Bengal Co-operative Societies Act, 1983 | DailyLaw.ai