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[Cites 0, Cited by 0] [Section 86] [Entire Act]

State of West Bengal - Subsection

Section 86(5) in West Bengal Co-operative Societies Act, 2006

(5)A Co-operative society incurring loss or having accumulated loss on its account shall not make any ex-gratia payment or payment of bonus at a rate more than the minimum prescribed under the Payment of Bonus Act, 1965 (21 of 1965).