(a) in the case of a society with unlimited liability, it shall be the actual amount received by the society in respect of such share or interest;
(b) in the case of a society with limited liability, it shall be the amount arrived at by a valuation based on the financial position of the society as shown in the last audited balance sheet preceding the cessation of membership:
Section 22 • The Arunachal Pradesh Co-operative Societies Rules, 1984
22. Valuation of shares.
the-arunachal-pradesh-co-operative-societies-rules-1984-1984-sec-22.json
•
Section 22
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"content": "(a) in the case of a society with unlimited liability, it shall be the actual amount received by the society in respect of such share or interest;\n(b) in the case of a society with limited liability, it shall be the amount arrived at by a valuation based on the financial position of the society as shown in the last audited balance sheet preceding the cessation of membership:",
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