section 26
Restriction on holding of shares.
Telangana Co-operative Societies Act, 1964Corporate1964179 of 141 sections available
Statutory text
Where the liability of the members of a society is limited, no member, other than a society or the Government, shall hold more than such portion of the share capital of the society, subject to a maximum of one-fifth thereof, as may be prescribed. [xxx]: Provided that the Government may, by notification in the Telangana Gazette, fix, in respect of any society or class of societies, a higher maximum than one-fifth of the share capital.
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