Share Capital
(a) The authorised share capital of the society shall be Rs. 1,00,00,000 (One Crore) which shall comprise 10,000 shares of a face value of Rs. 1000 each.
(b) The Members of the society can hold up to 20% of the total share capital of the society (not exceeding one-fifth of the total share capital), subject to exceptions under Section 33 of the MSCS Act, 2002.
(b) The Members of the society can hold up to 20% of the total share capital of the society (not exceeding one-fifth of the total share capital), subject to exceptions under Section 33 of the MSCS Act, 2002.