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[Cites 0, Cited by 0] [Section 2] [Entire Act]

State of Tripura - Subsection

Section 2(31) in The Tripura Co-operative Societies Act, 1974

(31)"society with limited liability" means a society in which the liability of its members for the debts of the society, in the event of its being wound up, is limited by is bye-laws
(i)to the amount, if any, unpaid on the shares respectively held by them, or
(ii)to such amount as they may respectively undertake to contribute to the assets of the society;