Chapter 8 Provisions Concerning Cooperative Bank

Section 57: Prohibition of Purchase of Goods with Commercial Objectives

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A Cooperative Bank shall not purchase goods or immovable assets with the purpose of carrying out trade or business, except the goods or immovable assets required for it or for carrying out transactions under this Act and in the situation referred to in sub-Section (6) of Section 79.

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Section 57: Prohibition of Purchase of Goods with Commercial Objectives

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