Section 154B-18 : Utilization of funds
Funds mentioned in foregoing sections shall be utilized for the purpose as may be specified in bye-laws of the society:...
Tuesday, 10 March 2026
Section 154B-17 : Investment of funds
A society shall invest or deposit its funds in one or more of the following: — (a) in a District Cen...
Section 154B-16 : Levy of charges by the society
Every society shall levy the charges as prescribed towards its such funds created under section 154B-15.
Sunday, 8 March 2026
Section 154B-15 : Creation of funds
Every society shall create such funds as may be prescribed and also such other funds as it may, from time to time, deci...
Section 154B-14 : Charge of society in respect of share and interest of Member
A society shall have a charge upon share and interest of a Member or past Member or deceased Member to the extent of du...
Section 154B-13 : Transfer of interest on death of a Member
On the death of a Member of a society, the society shall transfer share, right, title and interest in the property of t...
Section 154B-12 : Transfer of share, right, title and interest
A Member may transfer his share, right, title and interest of his property in the society by way of registered document...
Section 154B-11 : Voting rights of Member
(1) No Member of society shall have more than one vote in its affairs: Provided that, every right to...
Friday, 6 March 2026
Section 154B-10 : Rights and duties of Member
(1) A Member shall be entitled to exercise such rights as provided under this Act, rules and bye-laws. ...
Section 154B-9 : Removal of a Member
When any question arises in respect of a Membership of a person as to whether he has been duly admitted to the Membersh...
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