section 55
Direct partnership of Administration in societies
The Dadra and Nagar Haveli and Daman and Diu Co-Operative Societies Regulation, 2024Corporate2024155 sections12 chapters
Chapter V AID TO SOCIETIES
Statutory text
- (1) The Administration may subscribe directly to the share capital of a society with limited liability.
- (2) The share capital subscribed by the Administration under sub-section (1) shall not be returned to it by a society, except with the previous approval of the Administration.
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