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Invesments by Co-operative societies

This query is : Resolved 

29 July 2009 Can a Co-operative society invest in Equity market or mutual funds. If yes then what are the norms or guidelines to be followed by them for doing so?

30 July 2009 A co-operative society can not invest in Equity market or in mutual fund without the prior permission of District Registrar as per Section No. 71 of Co Operative Societies Act, 1961.



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