law: Multi-State Cooperative Societies Act, 1984 
  Chapter V: Privileges
  
  of Multi-State Cooperative Societies 
  52. Multi-State
  
  Cooperative Society to be body corporate.- 
  The registration of a
  
  multi-State cooperative 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 to do all things necessary for the purposes for
  
  which it is constituted.