The Delhi Co-Operative Societies Act,1972
46.Funds not to be divided by way of profit.-
No part of the funds of a co-operative society shall be divided by way of bonus or divided or otherwise among its members.
Provided that after at least one fourth of the net profits in any year has been carried to the reserve fund, payments from the remained of such profits and from any profits of past years available for distribution may be made to the members to such extent and under such conditions as may be prescribed by the rules or bye-laws.
