A co-operative society society may
- Transfer its assets and liabilities in whole or in part to any other co-operative society;
- Divide itself into two or more co-operative societies.
However, it may do so only with the prior approval of the Registrar and the approval of at least two-thirds of the members present and voting at a general meeting of the society.
- Any two or more co-operative societies may amalgamate themselves and form a new co-operative society.
- An amalgamation shall not take place unless-
- The assent of all the members and creditors of the concerned co-operative societies has been obtained.
- The claims of all the members and creditors have been met in full in the time period specified.