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multi state cooperative society

Posted by multi state cooperative society on November 14, 2019 at 8:28am 0 Comments

Management of a Multi State Cooperative Society: -.

No part of the funds, multi state cooperative society other than net profits of a multi state cooperative society shall be divided by method of reward or dividend or otherwise dispersed amongst its members. In case of multi state cooperative societies which do not have share capital, the surplus of income over expense will not be treated as net earnings and such surplus…

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