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Multi-State Cooperative Societies Law

The Multi-State Cooperative Societies Act, 2002 is the central law for cooperatives registered as multi-state societies, supervised by the Central Registrar of Cooperative Societies under the Union Ministry of Cooperation and overhauled by Parliament in 2023. On 14 October 2026 the ministry mandated MSCARO, 2026, a uniform and risk-based format for these societies' statutory audit reports, to be phased in from the largest societies down.

Last updated 14 October 20264 min read
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New card for the multi-state cooperative law: adds the MSCARO, 2026 audit-reporting order, its ₹1,000 crore first phase, and the Act's liquidation and revival provisions.

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