Comment on Co-operative Society cannot refuse to give NOC by Pamela dev.

My society genral sec has asked for 50000 loan from all members. This is in delhi. I want to know if the society is permitted to ask for such loans. They are already taking 2500 per month. The president is also askinb gor a penalty from people who are not paying yet. Pls help and reply if thix ix permitted.

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