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[Cites 0, Cited by 0] [Section 39(2)] [Section 39] [Entire Act]

State of Mizoram - Subsection

Section 39(2)(c) in Mizoram Cooperative Societies Act, 2006

(c)in the event of members or prospective members not coming forward to acquire such share or interest in the co-operative, the same may be transferred to non-members who are interested in the acquirement of such share and interest and who are prepared to abide by rules and regulations governing the co-operative with the condition that they shall become members of the co-operative at once.