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[Cites 0, Cited by 0] [Section 14] [Entire Act]

State of Himachal Pradesh - Subsection

Section 14(6) in Himachal Pradesh Co-Operative Societies Act, 1968

(6)A resolution passed by a Co-operative society under this section shall not take effect until, either.-
(a)the assent thereto of all the members and creditors has been obtained, or
(b)all claims of members and creditors who exercise the option referred to in sub-section (4) within the period specified therein, have been met in full.