Co-operative Societies Act.

The Act is divided into 11 Parts, including: Registration (II); Duties and privileges of societies (III); Rights and liabilities of members (IV); Property and funds of registered societies (V); Audit, inspection and enquiry (VI); Dissolution (VII); Surcharge and attachment (VIII); Disputes (IX); and Rules (X). A Cooperative society is a society whose objective is to promote the economic interest of its members (sect. 4). The Governor may appoint a Registrar of Cooperative Societies, who has duties and powers concerning registration, audit and inspection, dispute settlement and dissolution.