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of <h1>Multi-State Co-operative Society Gains Legal Status Under 2002 Act: Can Own Property, Enter Contracts, Sue or Be Sued.</h1> The registration of a multi-State co-operative society under the Multi-State Co-Operative Societies Act, 2002, establishes it as a body corporate with perpetual succession and a common seal. It can acquire, hold, and dispose of property, enter into contracts, and engage in legal proceedings. The society can sue or be sued under its registered name. Additionally, any transactions conducted in good faith before registration are considered valid post-registration, supporting the society's objectives.
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