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of <h1>Amendment to Multi-State Co-operative Societies Act 2023: Changes to Section 124, Election Guidelines, Ombudsman Appointment, and More.</h1> The Multi-State Co-operative Societies (Amendment) Act, 2023 introduces several changes to section 124 of the principal Act. It includes new clauses specifying guidelines under section 7, the responsibilities of a multi-State co-operative society's board during elections, and the composition and qualifications for the Co-operative Election Authority. The amendment outlines procedures for recruitment, fund maintenance, and the appointment of a Co-operative Ombudsman. It also addresses the recovery of unlawful gains and electronic filing procedures. Sub-section (3) is revised to ensure rules and notifications are presented to Parliament for approval, allowing modifications or annulments without affecting prior actions.
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