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[Cites 0, Cited by 0] [Section 27] [Entire Act]

NCT Delhi - Subsection

Section 27(1) in Delhi Co-operative Societies Act, 1972

(1)Subject to the provisions of sub-section (2), the liability of a past member or of the estate of a deceased member of a co-operative society for the debts of the society as they existed,-
(a)in the case of a past member, on the date on which he ceased to be a member;
(b)in the case of a deceased member, on the date of his death, shall continue for a period of two years from such date.