https://www.taxtmi.com/acts?id=15406 A co operative society confined to one State that becomes multi State by State reorganisation is deemed registered under this Act and its bye laws remain effective unless inconsistent with the Act. Successor States may divide such deemed multi State societies into State societies within a specified period, otherwise the deemed society must seek registration. The Central Registrar or authorised officer may propose a reconstitution scheme to the general body for formation of new societies or transfer of assets and liabilities; certification after majority sanction makes the scheme binding, or, if not sanctioned, referral to an appropriate High Court judge yields a final decision. Transfers to existing societies require acceptance by those societies by majority resolution. en-us Wed, 21 Sep 2011 14:56:34 +0530 Fri, 05 Jul 2024 14:33:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15406 A co operative society confined to one State that becomes multi State by State reorganisation is deemed registered under this Act and its bye laws remain effective unless inconsistent with the Act. Successor States may divide such deemed multi State societies into State societies within a specified period, otherwise the deemed society must seek registration. The Central Registrar or authorised officer may propose a reconstitution scheme to the general body for formation of new societies or transfer of assets and liabilities; certification after majority sanction makes the scheme binding, or, if not sanctioned, referral to an appropriate High Court judge yields a final decision. Transfers to existing societies require acceptance by those societies by majority resolution. Act-Rules Trust and Society Wed, 21 Sep 2011 14:56:34 +0530 https://www.taxtmi.com/acts?id=15406