https://www.taxtmi.com/acts?id=15340 A past member remains liable for society debts as they existed on the date of cessation of membership, and the estate of a deceased member remains liable for debts as they existed on the date of death; such continuing liability ordinarily endures for two years. If the society is ordered to be wound up, a past member who ceased membership or a deceased member who died within the two years before the winding up order remains liable until liquidation is complete, but only for debts existing on the date of cessation or death. en-us Wed, 21 Sep 2011 12:43:24 +0530 Mon, 08 Jul 2024 11:40:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15340 A past member remains liable for society debts as they existed on the date of cessation of membership, and the estate of a deceased member remains liable for debts as they existed on the date of death; such continuing liability ordinarily endures for two years. If the society is ordered to be wound up, a past member who ceased membership or a deceased member who died within the two years before the winding up order remains liable until liquidation is complete, but only for debts existing on the date of cessation or death. Act-Rules Trust and Society Wed, 21 Sep 2011 12:43:24 +0530 https://www.taxtmi.com/acts?id=15340