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TypeBare Act JurisdictionDelhi Government

The DCS Act 2003 Section 53

No part of the funds other than net profits of a co-operative society shall be divided by

~1 min read
https://sooperkanoon.com/act/554630

Bare act section · Research

About this section

The DCS Act 2003 Section 53 is part of The DCS Act 2003 - No part of the funds other than net profits of a co-operative society shall be divided by. Read the section text below and explore Indian court judgments that cite it.

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Section Text

way of bonus or dividend or otherwise distributed among its members : Provided that after at least one-fourths of the net profits in the year has been carried to the reserve fund, payments from the remainder of such profits and from any profits of past years available for distribution may be made to the member to such extent and under such conditions as may be prescribed by the rules or bye-laws. Section 54 - Contribution to charitable purpose

Frequently asked questions

What does The DCS Act 2003 Section 53 provide?

Section Section 53 of the The DCS Act 2003 (No part of the funds other than net profits of a co-operative society shall be divided by) is reproduced on this page as part of the The DCS Act 2003. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on The DCS Act 2003 Section 53?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference The DCS Act 2003 Section 53. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Delhi, confirm the wording against the official state gazette or authorized publication.

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