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State of Jharkhand - Section

Section 30 in Jharkhand Co-operative Societies Act, 2008

30. Share or interest not liable to attachment.

- Subject to the provisions of section 22 , the share or interest of a member in the capital of, or contribution to, a registered society shall not be liable to attachment or sale under any decree or order of a Court of justice in respect of any debt or liability incurred by such member and neither the Official assignee under the Presidency-towns Insolvency Act, 1909 (3 of 1909) nor a Receiver under the Provincial Insolvency Act, 1920 (5 of 1920) shall be entitled to, or have any claim on, such share , interest or contribution.