section 103
Punishment for disposing property in contravention of Section 61
The Nagaland Co-operative Societies Act, 2017Corporate2017128 sections2 chapters
Statutory text
Any member, past member or the nominee, heir or legal representative of a deceased member removing or otherwise disposing of any property on which a registered society holds a charge under Section 61 with intend to defraud the society or with such intents doing any other act to the prejudice of the society's charge shall be punishable with a fine not less than Rs. 5,000 or as the Registrar may deem fit.
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