law: Multi-State Cooperative Societies Act, 1984 
  17. Cancellation of
  
  registration certificate of multi-State cooperative societies in certain
  
  cases.- 
  
  1.     
  
    Where
  
  the whole of the assets and liabilities of a multi-state cooperative society
  
  are transferred to another multi-State cooperative society or to a cooperative
  
  society in accordance with the provisions of section 14, the registration of
  
  the first mentioned multi-State cooperative society shall stand cancelled and
  
  the society shall be deemed to have been dissolved and shall cease to exist as
  
  a corporate body.
  2.     
  
    Where
  
  two or more multi-State cooperative societies are amalgamated into a new
  
  multi-State cooperative society in accordance with the provisions of section
  
  14, the registration of each of the amalgamating societies shall stand
  
  cancelled on the registration of the new society, and each of the amalgamating
  
  societies shall be deemed to have been dissolved and shall cease to exist as a
  
  corporate body.
  3.     
  
    Where
  
  a multi-State cooperative society divides itself into two or more multi-State
  
  cooperative societies or two or more cooperative societies in accordance with
  
  the provisions of section 14, registration of that society shall stand
  
  cancelled on the registration of 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 cooperative societies shall not in any
  
  manner whatsoever effect any right or obligation of the resulting multi-State
  
  cooperative society or societies or render defective any legal proceedings by
  
  or against the multi-State cooperative society or societies, and any legal
  
  proceedings that might have been continued or commenced by or against the
  
  multi-State cooperative society or societies, as the case may be, before the
  
  amalgamation or division may be continued or commenced by or against the
  
  resulting multi-State cooperative society or societies.