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[Cites 0, Cited by 0] [Section 114] [Entire Act]

State of West Bengal - Subsection

Section 114(3) in West Bengal Co-operative Societies Act, 2006

(3)If any person does not accept the notice served under sub-section (1) or fails to receive payment of the debt or part thereof within the period specified in the notice, the debt or part thereof shall cease to carry interest from the expiry of such period.