Section 12(6) in The M.P. Swayatta Sahakarita Adhiniyam, 1999
(6)When a co-operative divides itself into two or more co-operatives, each member who has assented or deemed to have assented to the division shall be deemed to have become a member of that newly formed co-operative to which his interests were transferred, in accordance with the scheme of division approved by the general body of such co-operative notwithstanding anything contained in this Act.
