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Maha to set up task forces to seize assets of troubled credit societies

Maha to set up task forces to seize assets of troubled credit societies
Photo: Hindustan Times — Mumbai · view original

The move comes after authorities reported difficulties in taking possession of properties and putting them up for auction, even after liability was fixed against around 1,949 directors, officials and employees under section 88 of the Maharashtra Cooperative Societies Act, 1960

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