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[Cites 0, Cited by 0] [Section 70(2)] [Section 70] [Entire Act]

State of West Bengal - Subsection

Section 70(2)(b) in West Bengal Co-operative Societies Act, 2006

(b)the value of the share or the interest of the deceased member determined in accordance with its by-laws shall be paid to the person nominated under section 76 or to the person referred to clause (b) of sub-section (1) of this section after deducting the amount payable under this Act to the Co-operative society from the estate of the deceased member.