Section 131(2)(b) in Tamil Nadu Co-operative Societies Rules, 1988

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State of Tamilnadu - Subsection

Section 131(2)(b) in Tamil Nadu Co-operative Societies Rules, 1988

(b)the interest on the above mentioned amount at the maximum lending rate in the case of a credit society or at a rate not less than the maximum borrowing rate, in the case of any other society, from the date of purchase till the date of deposit of the amount; and

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State of Tamilnadu - Subsection

Section 131(2)(b) in Tamil Nadu Co-operative Societies Rules, 1988