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TypeBare Act JurisdictionDelhi Government

The DCS Act 2003 Section 57

(1) A co-operative society shall not make a loan to any person other than a member

~1 min read
https://sooperkanoon.com/act/554634

Bare act section · Research

About this section

The DCS Act 2003 Section 57 is part of The DCS Act 2003 - (1) A co-operative society shall not make a loan to any person other than a member. Read the section text below and explore Indian court judgments that cite it.

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Section Text

Provided that with the general or special sanction of the Registrar, a co- operative society may make a loan to another co-operative society : Provided further that the co-operative bank shall make loans and advances as per directions of the Reserve Bank from time to time. (2) Notwithstanding anything contained in sub-section (1), a co-operative society may make a loan to a depositor within his deposit on its security. Section 58 - Restrictions on borrowings

Frequently asked questions

What does The DCS Act 2003 Section 57 provide?

Section Section 57 of the The DCS Act 2003 ((1) A co-operative society shall not make a loan to any person other than a member) 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 57?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference The DCS Act 2003 Section 57. 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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