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[Cites 0, Cited by 0] [Section 125] [Entire Act]

State of Mizoram - Subsection

Section 125(3) in Mizoram Cooperative Societies Act, 2006

(3)If any such member of a management committee or any other committee of a co-operative bank proves beyond doubt that the offence was committed without his knowledge or that he has exercised all due diligence and care to prevent the commission of such offence. such member may not be held liable for any punishment as provided under this section.