https://www.taxtmi.com/acts?id=7951 A society formed to promote the economic interests of its members by cooperative principles, or to facilitate such societies, may be registered under the Act with or without limited liability. Unless the State Government orders otherwise, if a society has a registered-society as a member its liability is limited, whereas a society created to lend funds to its members with a majority of agriculturist members and no registered-society members shall have unlimited liability. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 04 Jul 2024 14:18:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7951 A society formed to promote the economic interests of its members by cooperative principles, or to facilitate such societies, may be registered under the Act with or without limited liability. Unless the State Government orders otherwise, if a society has a registered-society as a member its liability is limited, whereas a society created to lend funds to its members with a majority of agriculturist members and no registered-society members shall have unlimited liability. Act-Rules Trust and Society Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7951