Section 22: Liabilities to be limited

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1) Liability of a member in terms of a transaction of a Cooperative Organization shall be limited only up to the maximum limit of the shares he/she has subscribed or agreed to subscribe to.

2) The name of a Cooperative Organization shall contain “cooperative”, and it shall contain the word “limited” at the end.

Tagged:
cooperatives act
nepal law

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Section 68: Reserve Fund
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Section 106: Notice of the Work
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Section 92: Registrar
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Section 140: Offence
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Section 40: Directives may be given to call an Extraordinary General Meeting
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Section 151: Insurance Development Fund
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Section 34: Cancellation of License
Section 3: Establishment of the Authority
Section 69: Duties of employer towards labour
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