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[Cites 0, Cited by 0] [Section 123] [Entire Act]

State of Mizoram - Subsection

Section 123(c) in Mizoram Cooperative Societies Act, 2006

(c)appropriate action to recover loans and advances given by the co-operative bank to members and non-member borrowers are taken within six months from the date when the repayment of loan has become due, failing which a no confidence motion shall lie against all members of present management committee;