Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 2] [Entire Act]

State of Odisha - Section

Section 50 in The Orissa Co-operative Societies Act, 1962

50. Disposal of 'Principal State Partnership Fund' and 'Subsidiary State Partnership Fund' on winding up of an apex or a Central Society.

(1)If an Apex Society which has established a 'Principal State Partnership Fund' is wound up or dissolved, all moneys 'o the credit of or payable to that Fund, shall be paid to the State Government.
(2)If a Central Society which has established a 'Subsidiary State Partnership Fund' is wound up or dissolved, all moneys to the credit of, or payable to that Fund, shall be paid and credited to the 'Principal State Partnership Fund' from which it received money under Clause (b) of Sub-Section (2) of Section 43.