State Act
19
Section 19. Reconstruction of societies.
THE ARUNACHAL PRADESH COOPERATIVE SOCIETIES ACT
Act no. 3 of 19791979In forceArunachal Pradesh (State Act)
19. Where a proposal for a compromise or arrangement – (a) between a society and its creditors, or (b) between a society and its members, is approved at a special general meeting called for the purpose, the Registrar may, on the application of the society, or of any member or of any creditor of the society of in the case of society which is being wound up, of the Liquidator, order reconstruction in the prescribed manner, of the society.