Restriction on transfer of member shares: transfers permitted only subject to maximum holding conditions set by law. Transfer of a member's share or capital interest in a multi State co operative society is subject to the statutory conditions concerning maximum holding, so that transfers comply with the society's prescribed shareholding limits and related regulatory requirements.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Restriction on transfer of member shares: transfers permitted only subject to maximum holding conditions set by law.
Transfer of a member's share or capital interest in a multi State co operative society is subject to the statutory conditions concerning maximum holding, so that transfers comply with the society's prescribed shareholding limits and related regulatory requirements.
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