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State of West Bengal - Section

Section 78 in West Bengal Co-operative Societies Act, 2006

78. Redemption of share.

(1)Shares held in a Co-operative society by the State Government shall be redeemable in such manner as may be agreed upon between the Co-operative society and the State Government.
(2)Redemption of shares referred to in sub-section (1) shall be on the face value of the shares.