Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 14] [Entire Act]

Union of India - Section

Section 5 in The Multi-State Co-Operative Societies Act, 2002

5. Multi-State co-operative societies which may be registered.—

(1)No multi-State co-operative society shall be registered under this Act, unless,—
(a)its main objects are to serve the interests of members in more than one State; and
(b)its bye-laws provide for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles.
(2)The word “limited” or its equivalent in any Indian language shall be suffixed to the name of every multi-State co-operative society registered under this Act with limited liability.