section 16(b)
Partnership of societies
The Chhattisgarh Co-operative Societies Act, 1960Corporate1960195 sections
Statutory text
Any two or more societies may, by a resolution passed by a majority of the members present and voting at a general meeting of each such society, enter into a contract of partnership for any particular business permissible under the by-laws, on such terms and conditions as may be mutually agreed upon, where such partnership involves the formation of a new organization.
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