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Home Cooperative Queries

Query from Sambhaji Parale

Staff Reporter by Staff Reporter
January 6, 2020
in Cooperative Queries
0
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My question is– can any credit cooperative society charge interest or any other expenses like notice charges, legal charges once registrar officer given recovery order of due amount recovered from defaulter after acting u/s 101of Maharashtra state act 1960?

I C Naik

Yes, if bye Laws support such charge not otherwise.

Tags: cooperativecreditmaharashtrasociety
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