ZOROASTRIAN COOP HSNG.SOC.LTD. vs D.R. COOP SOCIETIES (U)

The Supreme Court addressed the applicability of the Gujarat Co-operative Societies Act, 1961, particularly Section 169, which deemed societies registered under the repealed Bombay Co-operative Societies Act, 1925, to be registered under the new Act. The Court held that the Zoroastrian Co-operative Housing Society, having complied with the provisions of the Bombay Act and subsequently the Gujarat Act, retained its registration and rights under the new legislation. The judgment clarified the continuity of rights and obligations of the Society post-reorganization of states, affirming the validity of its bye-laws and the powers conferred therein.