Provided that, if the society does not comply with the requirement of this section, the Registrar shall direct such society to remove the name of such person, and the society shall be bound to comply with such direction.

The Maharashtra Co-operative Societies Act 1960

Corporate1960178 of 165 sections available26 chapters

Chapter III MEMBERS AND THEIR RIGHTS AND LIABILITIES

Statutory text

No rights of membership to be exercised till due payments are made.— No person shall exercise the right of a member of a society, until he has made such payment to the society in respect of membership, or acquired such interest in the society, as may be prescribed by the rules or the bye-laws of such society.

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