Laws and Bare Acts of India at

MyNation Foundation Online Law Library

Section 46 – The Delhi Co-Operative Societies Act,1972

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.

Previous | Next

The Delhi Co-Opearative Societies Act,1972

Indian LawsBare Acts

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2021 Laws and Bare Acts of India at

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation