Co-operative society to be body corporate
Admissibility of copy of entry as evidence
Charge and set-off in respect of share or contribution or interest of members
Charge on immovable property of members borrowing loans from certain co-operative societies
Deduction from salary to meet co-operative societys claim in certain cases
Exemption from certain taxes, fees and duties
Exemption from compulsory registration of instruments
First charge of co-operative society on certain movable assets of member for the amount due to him
Register of members
Share or contribution or interest not liable to attachment
Co-operative society to be body corporate

The registration of a co-operative society shall render it a body corporate by the name under which it is registered having perpetual succession and a common seal, and with power to hold property, enter into contract, institute and defend suits and other legal proceedings and do all things necessary for the purposes for which it is constituted.
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Last Updated : 23 Mar,2014