Multi-State Act or of the rules. Section 99 of the Multi-State Act reads thus :
"99. Power to exempt multi-State Co-operative ... Multi-State Co-operative Society from any of the requirements of the Multi-State Act relating to registration and resultantly a Multi-State society could
co-operative banks on par with banking company under Banking Regulation Act and accordingly inserted Chapter V, Section 56 particularly therein. Once co-operative bank ... Even if such co-operative banks have a machinery available to them under Maharashtra Co-operative Societies Act and also Multi State Co-operative Societies
Central Government issued orders under
Section 99(2) of the Multi-State Cooperative Societies
Act. The provisions contained in Section 99 of the said
Act ... exempt any Multi-State
Cooperative Society or any class
of such societies from any of
the provisions of this Act or of
the rules
