Section 4(1)(iv) in Telangana State Handloom Weavers' Co-operative Society (Formation) Act, 1976
(iv)all contracts, deeds, bonds, agreements and other instruments of whatever nature subsisting and relating to the assets and liabilities transferred to the new society, from the amalgamated societies which have been parties thereto shall have full force in favour of or against the new society, and may be enforced as if the said new society has been a party thereto.