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State of Manipur - Section

Section 4 in The Manipur Co-operative Societies Act, 1976

4. Societies which may be registered under this Act.

- A society, which has as its objects the promotion of the economic interests or general welfare of its members, or of the public, in accordance with co-operative principles, or a society established with the object of facilitating the operations of any such society, may be registered under this Act:Provided that no society shall be registered if it is likely to be economically unsound, or the registration of which may have an adverse effect on the development of the co-operative movement;