The Delhi Co-operative Societies Act

Registrar

Societies which may be registered

Restrictions on registration

Restrictions on holding of shares

Application for registration

Power of the Registrar to decide certain questions

Registration

Registration certificate

Amendment of bye-laws of a co-operative society

When amendments of bye-laws come into force

Change of name

Change of liability

Amalgamation, transfer of assets and liabilities and division of co-operative societies

Power to direct amalgamation, division and reorganisation in public interest etc

Registrar to prepare scheme of amalgamation of co-operative bank in certain cases

Liability of a co-operative bank to the Deposit Insurance Corporation

Cancellation of registration certificates of co-operative societies in certain cases


REGISTRATION OF CO-OPERATIVE SOCIETIES


No member other than the Central Government or a
co-operative society shall hold more than such portion of the share-capital of a co-operative society,
subject to a maximum of one-fifth, as may be prescribed or have or claim any interest in the shares of
such society exceeding ten thousand rupees, whichever is less.

LAWGIST

# 6 Restrictions on holding of shares