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State of Tamilnadu - Section

Section 10 in Tamil Nadu Co-operative Societies Rules, 1988

10. Procedure regarding the change of liability.

- Where amendment of the bye-laws of a society is proposed for changing its liability from unlimited to limited under section 5, the procedure specified in rule 9 shall apply with the modification that the amendment shall be approved by a resolution passed by a majority of not less than two-thirds of the members present and voting at a meeting of the general body specifically called for the purpose under section 5.