Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the provisions of this Act and the rules, a co- operative society established with the object of promoting the common interests of its members in accordance with co-operative principles and facilitating the operation of such co-operative society (including a co- operative society formed by division of an existing co-operative society or by amalgamation of two or more existing co-operative societies) may be registered under this Act with limited liability: Appoint- ment of Registrar and of persons to assist him. Conferment of powers and duties of Registrar on other persons. Co-operative societies which may be registered. 316 The West Bengal Co-operative Societies Act, 1983. XLV of 1983.] (Chapter IL—Registration.--Section 12.) Provided that a co-operative society with unlimited liability functioning immediately before the commencement of this Act may continue to function as such or may convert itself into a co-opeMtive society with limited liability within such time and in such manner as may be prescribed: Provided further that a co-operative society registered under this Act may, subject to the provisions of this Act and the rules, by amendment of its by-laws, change the form, or the extent, of its liability. (2) The word "Limited" shall be the last word in the name of a co- operative society registered under this Act.