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[Cites 0, Cited by 0] [Section 15] [Entire Act]

State of Uttarakhand - Subsection

Section 15(5) in Uttarakhand Co-Operative Societies Act, 2003

(5)While confirming the preliminary resolution under sub-section (4), provision shall be made by another resolution for-
(i)the repayment, subject to the provision of section 41, of the share capital of all the members who have given notice under clause (i) of sub section (3); and
(ii)the satisfaction of the claims of all the creditors who have given notice under clause(ii) of sub section (3).