Can a society registered under the Societies Registration Act 1860 lend or advance a loan to another Society also registered under Society Registration Act 1860?
Arpana Fernandes (Administrative Assistant Finance & Legal) 27 August 2014
Can a society registered under the Societies Registration Act 1860 lend or advance a loan to another Society also registered under Society Registration Act 1860?
Arpit lalan (Legal Consultancy/Advocate) 03 September 2014
You will have to read the latest Byew laws and also the MCS act on this. ITs better to consult a Lawyer on society matters.
dr g balakrishnan (advocate/counsel supreme court) 13 September 2014
1860 Act registered societies also exist. you have to move before relevant registrar per 1860 Act as modified.