Section 14(4) in The Punjab Co-operative Societies Act, 1961
(4)The amalgamation and splitting of co-operative societies shall not in any manner whatsoever affect any right or obligation of the resulting co-operative society or societies or render defective any legal proceedings by or against the co-operative society or societies, and any legal proceedings that might have been continued or commenced by or against the co-operative society or the societies as the case may be, before the amalgamation or splitting, may be continued or commenced by or against the resulting co-operative society or societies.
