Section 55: Approval of State Government for purchase of shares

Q: What does Section 55 of The Multi-State Co-operative Housing Societies Act (TMSCHSA) deal with?

Section 55 TMSCHSA pertains to "Approval of State Government for purchase of shares". It is part of the The Multi-State Co-operative Housing Societies Act, a legislation enacted by the Parliament of India. Section 55 of The Multi-State Co-operative Housing Societies Act (TMSCHSA) governs approval of State Government for purchase of shares. As verified on 19 May 2026.

Q: Is Section 55 TMSCHSA still in force?

Yes, Section 55 of the The Multi-State Co-operative Housing Societies Act is currently in force across the Republic of India.

Q: What is धारा 55 TMSCHSA?

धारा 55 TMSCHSA is the Devanagari Hindi reference for Section 55 of the The Multi-State Co-operative Housing Societies Act. Section 55 of The Multi-State Co-operative Housing Societies Act (TMSCHSA) governs approval of State Government for purchase of shares. As verified on 19 May 2026.

Q: What is Dhara 55 TMSCHSA?

Dhara 55 TMSCHSA is the Roman Hindi reference for Section 55 of the The Multi-State Co-operative Housing Societies Act. "Dhara" means "Section" in Hindi. Section 55 of The Multi-State Co-operative Housing Societies Act (TMSCHSA) governs approval of State Government for purchase of shares. As verified on 19 May 2026.

Q: How to cite Section 55 of The Multi-State Co-operative Housing Societies Act?

Cite as: "Section 55, The Multi-State Co-operative Housing Societies Act (TMSCHSA)" in legal briefs. For academic writing, use the BlueBook format: The Multi-State Co-operative Housing Societies Act, § 55 (India).

Law on Tips Editorial Board

- Shares shall not be purchased in a society from the moneys in the Principal State Partnership Fund or the Subsidiary State Partnership Fund, except with the previous approval of the State Government.