Registration of a multi state cooperative society - The cooperative societies with objects not confined to one state and serving the interests of members in more than one state for social and economic betterment of its members through self-help and mutual aid in accordance with the cooperative principles are considered multi state society. REQUISITE - (a) In the case of a credit cooperative society of which all the members are individuals, by at least fifty persons from each of the State concerned; (b) In the case of a multi state cooperative society registration of which the members are cooperative societies, by duly authorized representatives on behalf of at least five such societies as are not registered in the same state; and (c) In the case of a multi state cooperative society of which another cooperative society and other multi state cooperative societies are members, by duly authorized representatives of each of such societies; (d) In the case of a multi state cooperative society of which the members are cooperative societies or .The co-operative societies, with objects not confined to one state and serving the interests of members in more than one state for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles are considered multi state co-operative society .A few days ago, Sahara Group got slapped down by the Supreme Court and two of its companies, Sahara India Real Estate Corporation (SIREC) and Sahara Housing Investment Corporation (SHIC), were asked to return over Rs 24,000 crore collected from investors with 15 percent interest in three months.