Section 33. Charge and set-off in respect of share or contribution or interest of the members

{
    "act_title": "THE ANDAMAN AND NICOBAR ISLANDS CO-OPERATIVE SOCIETIES REGULATION, 1973",
    "act_slug": "the-andaman-and-nicobar-islands-co-operative-societies-regulation-1973",
    "section_label": "Section",
    "section": {
        "number": "33",
        "title": "Section 33. Charge and set-off in respect of share or contribution or interest of the members",
        "chapter": null,
        "content": "A co-operative society shall have a charge on the share or contribution or interest in the capital and on the deposits of a member or past member or deceased member and on any dividend, bonus or profits payable to a member or past member or the estate of a deceased member in respect of any debt due from such member or past member or the estate of such deceased member to the society, and may set-off any sum credited or payable to a member or past member or the estate of a deceased member in or towards payment of any such debt.",
        "footnote": "",
        "is_definition": false,
        "sort_order": 1880
    },
    "prev_section": "32",
    "next_section": "34"
}