Section 31Settlement of debts of a member of a co-operative society

s. 31

31. Settlement of debts of a member of a co-operative society No settlement under this Act of the debts of a member of a co-operative society registered under the [***] Cooperative Societies Act, 1940 who owns any amount to such society, shall be valid without the previous approval in writing of a prescribed authority.

1. 14. The words, commas and figure "Co-operative Societies Act, 1912, or the Bengal" were omitted by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)