GCSA 35 — Insolvency of members.

Gujarat Co-operative Societies Act, 1961

Statutory text

Notwithstanding anything contained in the Provincial Insolvency Act, 1920, or any corresponding law for the time being in force, the dues of a society form a member, in insolvency proceedings against him, shall rank in order of priority next to his dues to Government or to a local authority.

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