Disqualification for recovery under specified statutes restricts membership in multi-state co-operative societies as per Third Schedule. A person is disqualified under section 43(1)(h) if any recovery is due against them under the enactments listed in the Third Schedule to the Multi State Co operative Societies Act, 2002. The Third Schedule specifies the central statutes (for example, the Indian Stamp Act, Reserve Bank of India Act, Central Excise Act, Companies Act and other specified Acts) whose recovery liabilities operate as the disqualification trigger for board membership.
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.
Disqualification for recovery under specified statutes restricts membership in multi-state co-operative societies as per Third Schedule.
A person is disqualified under section 43(1)(h) if any recovery is due against them under the enactments listed in the Third Schedule to the Multi State Co operative Societies Act, 2002. The Third Schedule specifies the central statutes (for example, the Indian Stamp Act, Reserve Bank of India Act, Central Excise Act, Companies Act and other specified Acts) whose recovery liabilities operate as the disqualification trigger for board membership.
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