A multi state cooperative society may invest deposit its funds in anyone or more of the following modes: (i) any mode provided in Clauses ; (ii) any post office savings bank; (iii) any savings scheme launched by the Central or the State Government (iv) the shares of a corporation or other body corporate on which the Can or the State Government or both hold more than fifty per cent of shares; and (v) the debentures floated by a corporation or a body corporate if debentures are guaranteed by the Central or the State Government the Reserve Bank of India. 7. Objects and investments of reserve fund.(l) Every multi state cooperative society shall maintain a reserve fund to meet anyone or more following objects :- (i) unforeseen losses; (ii) claim of the creditors of the society which cannot be otherwise (iii) such other financial offences and penalties for member of Multi State Cooperative Society needs in times of special scarcity. (2) Every Multi State Society may with the permission Central Registrar invest or deposit its reserve fund in :- (i) acquisition or purchase of land and building and building for(a) its office, staff and equipment; (b) installation or operation of its machinery or plant; (ii) purchase of machinery or plant which is required for its main (iii) acquisition or purchase of land and building and buildings for the purposes mentioned in Clause (i) (a) and benefit. Of its members in accordance with the provisions and (iv) its own business. (3) In the reserve fund of a cooperative society, no member shall have any claim or a share in it. (4) No multi state cooperative society whose reserve fund has invested or deposited shall draw upon, pledge or otherwise except with the sanction of the Central Registrar previously. It is apt time to go through review of appeals by Multi State Cooperative Society.