The Meghalaya Credit Operation and Miscellaneous Provisions Act, 1976 (Act 10 of 1976)
Section 14. Power of Co-operative Societies to borrow from banks.
Notwithstanding anything contained in the Meghalaya Co-operative Societies’ Act (Assam Act I of 1950 as adapted by Meghalaya), it shall be lawful for any Co-operative Society to borrow from a bank.
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
Cases citing this section
No order or office report we hold cites this section yet.
Source: Order and office-report PDFs whose text cites the section, read by rule (document_citations); each case through its orders and office reports that carry the PDF