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Union of India - Section

Section 13 in Multi-State Co-Operative Societies (Registration, Membership, Direction & Management, Settlement of Disputes, Appeal & Revision) Rules, 1985

13. Refund of Shares.

- The total refund of share capital of a Multi- State Co-operative Society in any co-operative year shall no exceed 10 per cent of the paid up share capital of the Multi-State Co-operative Society on the last day of the co-operative year immediately preceding.