section 54
Share or interest not liable to attachment
The Nagaland Co-operative Societies Act, 2017Corporate2017128 sections2 chapters
Statutory text
Notwithstanding anything contained in any other law for the time being in force and subject to the provision of Section 56, the share or interest of a member in the capital of a registered society or in any fund shall not be liable to attachment or sale under any decree or order of a court in respect of any debt or liability incurred by such member nor be subject to any claim bya receiver.
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