Exemption from compulsory registration of instruments relating to shares and debentures of registered society

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....cieties Act, 1912<br>Exemption from compulsory registration of instruments relating to shares and debentures of registered society. 27. Nothing in section 17, sub-section (1), clauses (b) and (c) of ....

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.... except in so far as it entitles the holder to the security afforded by a registered instrument whereby the society has mortgaged, conveyed or other&shy;wise transferred the whole or part of its immov....