Building Society
Legal definition for Indian law research
Definition
Building society, is a society incorporated under the (UK) Building Societies Act, 1986 and means a society which may be established if the purpose or principal purpose is that of raising, primarily by the subscriptions of the members, a stock or fund for making to them advances secured on land for their residential use, Halsbury's Laws of England, Vol. 4(2), 4th Edn., Para 701, p. 432.
Building society, is a body corporate, may sue and be sued in its registered name, Halsbury's Laws of England, Vol. 4(2), 4th Edn., Para 711, p. 438; Executrix of Will of Gallie v. Anglia Building Society (No. 2), (1971) AC 1039: (1971) 1 All ER 243 (HL).
Building society, is a body corporate, may sue and be sued in its registered name, Halsbury's Laws of England, Vol. 4(2), 4th Edn., Para 711, p. 438; Executrix of Will of Gallie v. Anglia Building Society (No. 2), (1971) AC 1039: (1971) 1 All ER 243 (HL).
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