How does entry 32 relate to the incorporation, regulation and winding up of corporations, universities, unincorporated societies and co-operative societies?
Entry 32 of List III relates to the incorporation, regulation and winding up of corporations (other than those specified in List I), universities, unincorporated trading, literary, scientific, religious and other societies and associations, and co-operative societies. This means that the State has the power to regulate and control these entities within its jurisdiction, subject to any Union-level restrictions or requirements specified in List I of the Seventh Schedule.