What is the meaning of provisional member in housing society 154B - 1(18)(C)?
As per MCS Amendment ACT 2019 - 1 (18) (C) “ Provisional Member ” means a person who is duly admitted as a Member of a society tempora...
Monday 28 November 2022
Thursday 17 November 2022
Nomination In Cooperative Society
Nomination Rules for Housing Societies | Nomination of persons - Maharashtra Cooperative Societies What is Nomination in Co Operative Housi...
Friday 7 October 2022
Section 63 of MCS ACT 1960 : Provisions of this Chapter to override other laws
63.Provisions of this Chapter to override other laws The provisions of sections 51 to 61 (both inclusive) in this Chapter shall have effect...
Section 62 of MCS ACT 1960 : Other forms of State aid to societies
62.Other forms of State aid to societies Notwithstanding anything contained in any law for the time being in force, but subject to such cond...
Section 61 of MCS ACT 1960 : Agreement by State Government and Apex societies
61.Agreement by State Government and Apex societies Subject to the foregoing provisions of this Chapter— (a) the State Government ma...
Section 60 of MCS ACT 1960 : Principal or Subsidiary State Partnership Fund not to form part of assets
60.Principal or Subsidiary State Partnership Fund not to form part of assets Any amount to the credit of a Principal State Partnership Fund ...
Section 59 of MCS ACT 1960 : Disposal of Principal or Subsidiary State Partnership Fund on winding up of Apex or Central society
59.Disposal of Principal or Subsidiary State Partnership Fund on winding up of Apex or Central society (1) If an Apex society which has est...
Section 58 of MCS ACT 1960 : Disposal of share capital and dividend, etc.
58.Disposal of share capital and dividend, etc. (1) All moneys received by an Apex society in respect of shares of other societies purchase...
Section 57 of MCS ACT 1960 : Indemnity of Apex and Central societies.
57.Indemnity of Apex and Central societies (1) If a society in which shares are purchased from the Principal State Partnership Fund is woun...
Section 56 of MCS ACT 1960 : Restriction on amount of dividend
56.Restriction on amount of dividend An Apex society which has purchased shares in other societies from the moneys in the Principal State P...
