The Multi-State Co-operative Societies Act, 2002 is a central legislation that governs the formation, registration, functioning, and regulation of cooperative societies whose operations and membership span across more than one Indian state. Enacted to replace the earlier 1984 Act, it provides a unified legal framework for such societies, ensuring uniformity, democratic management, functional autonomy, and financial discipline.
This Act establishes key authorities like the Central Registrar and the Co-operative Election Authority to oversee registration, supervision, and elections. It lays down provisions for membership, management, audit, dispute resolution, and winding up, with the aim of promoting economic and social betterment of members through self-help and mutual aid. The law balances cooperative autonomy with necessary regulatory oversight, making it a vital instrument for the growth and governance of multi-state cooperatives in India.