Cancellation of registration certificate of multi‑State co‑operative societies in certain cases.

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..... re the whole of the assets and liabilities of a multi‑State co‑operative society are transferred to another multi‑State co‑operative society or to a co‑operative society in accordance with the provisions of section 17, the registration of the first‑mentioned multi‑State co‑operative society shall stand cancelled and the society shall be deemed to hav .....

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..... the new societies, and that society shall be deemed to have been dissolved and shall cease to exist as a corporate body. (4) The amalgamation or division of multi‑State co‑operative societies shall not in any manner whatsoever affect any right or obligation of the resulting multi‑State co‑operative society or societies or render defective any legal proceedings by or agains .....

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