Where a liquidator has been appointed under sub-section (1) the following procedure shall be adopted :- (a) the appointment of the liquidator shall be notified by the Central Registrar in the Official Gazette. (b) The liquidator for multi state cooperative society shall, as soon as the order of winding up of the multi state cooperative society takes effect, publish by such means as he may, think proper, a notice, requiring all claims against the multi state cooperative society, the winding up of which has been ordered, to be submitted to him within two months of the publication of the notice. Allocable ties recorded in the account books of a cooperative society shall be deemed ipsofacto to have been duly submitted to him under this clause. (c) The liquidator shall investigate all the claims against the credit cooperative society and decide questions of priority arising between claimants. (d) The liquidator shall recover all sums and other properties to which the multi state cooperative society is entitled and may institute such suits for that purpose or such suits incidental to liquidation proceedings as he may think proper. (e) The liquidator may empower any person, by general or special order in writing, to make collections and to grant valid receipts on his behalf. (f) The liquidator shall, after setting the assets and liabilities of multi state co-operative society, as they stood on the date on which the order of winding up is made, proceed next to determine from time to time the contribution including debts due and costs of liquidation to be made or remaining to be made by each of its members, past members. If the Central Registrar, after an inquiry has been held under section 69 or an inspection has been made under section 70, or on receipt of an application made by not less than three fourths of the register of members of multi state cooperative society is of the opinion that the society ought to be wound up, he may, after giving the society a reasonable opportunity of making its representations, by order, direct it to be wound up. Certified copy of the resolution of the promoters which shall specify the name and address of one of the applicants to whom the Central Registrar may address correspondence under the rules before registration and dispatch or hand over registration documents. The incorporation, regulation and winding up of co-operative societies (other than those operating in more than one state) is a state subject1 and is governed by the State laws on co-operative societies. In the case of co-operatives with objects not confined to one State, their incorporation, regulation and winding up fall in the central domain and are governed by the multi state co-operative societies Act, 2002. As the vast majority of co-operative societies are operating only in one State, the State Government and the Registrar of cooperative societies appointed by the state are the main regulatory authorities for the cooperative societies.