Amendment status not verified — confirm the current text below against the official source.
Collaboration by Co-operative Societies.- (1) Any co-operative society or co-operative societies may enter into collaboration with any Government undertaking or any other undertaking approved by the State Government to carry out any one or more specified business provided in the bye-laws of such society or societies including industrial investment, financial aid or marketing and management expertise. 1 [xxx] 1 2[Provided that no such partnership shall be entered into without prior permission of the Registrar in the case of an assisted society and of the Reserve Bank of India in the case of a Co-operative Bank]2 1959:KAR.ACT 11] Co-operative Societies 55