State Act
6
Section 6. Restriction on holding of shares
Andaman and Nicobar Islands Cooperative Socities Regulation 1973
Act no. 3 of 19731973In forceAndaman and Nicobar Islands (State Act)
6. Restriction on holding of shares:- No member, other than the Government or a co-operative society, shall hold more than such portion of the share capital of a co-operative society, subject to a maximum of one-fifth , as may be prescribed or have or claim any interest in the shares of such society exceeding ten thousand rupees.