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A cooperative society is considered for liquidation when it isestablished that the society is not functioning in accordance with thecooperative principle and is no longer working for achievement of theobjects for which it was registered.The registrar can revive a societyif its working improve and the members of the society assure in writingto the satisfaction of the Registrar, that it will work successfully topromote the economic interest of the fellow members of the society.

Last Updated Date :- 08-05-2018

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  • Page last updated on: 21-10-2021