(1) Subject to the provisions, the share or contribution or a member or past or deceased member in the capital of a multi state cooperative society shall not be liable to attachment or sale under any or order of any court in respect of any debt incurred by such an official assignee or a receiver under any law relating to lanky shall not be entitled to or have any claim on such share or libation or interest. (2) The reserve fund, or the bad debt reserves, or the provident fund of employees, of a multi state cooperative society invested by such society in accordance with the provisions of this Act and the rules shall not be attachment under any decree or order of a court in respect of any liability incurred by the society. Full details on members, rights and liabilities in multi state cooperative society is here. A copy of any entry in a book of a multi state society kept in the course of its business shall, if certified in such manner as prescribed, be received in any suit or legal proceedings as prima-facie of the existence of such entry and shall be admitted as evidence of transactions and accounts therein recorded in every case where same extent as, the original entry itself is admissible. officer of a cooperative society and no officer in face the books of a multi state cooperative society are deposited ideation shall, in any legal proceedings to which the society or the  party, be compelled to produce any of the society books nets the contents of which can be proved under this section, or to a witness to prove the matters, transactions and accounts therein. The registration of a society shall render it a body corporate by the name under which it is registered, with perpetual succession and a common seal, and with power to hold property to enter into contracts, to Institute and defend suits and other legal proceedings and to do all things necessary for the purposes of its constitution. A society may recommend to the Registrar to expel from its membership a member who is a persistent defaulter of the dues of the society or who commits any act prejudicial to the interests of the society to compromise all calls or liabilities to calls and debts, and liabilities capable of resulting in debts, and all claims, present or future, certain or contingent, subsisting or supposed to subsist between the society and a contributory or alleged contributory or other debtor or person apprehending to the society and all questions in any way relating to or affecting the assets or the winding up of the society on such terms as may be agreed and take any security for the discharge of any such call, liability, debt, or claim and give a complete discharge in respect of multi state cooperative society. Great stuff on powers of liquidator for credit cooperative society.