Cooperative Federations are registered under the Cooperative Societies Act of the concerned State or Multi State Cooperative Societies Act 2002, in case the Federation is operating in two or more States.
Liquidator is appointed by the Registrar of Cooperative Societies to wind up the society and to realise the assets and discharge the liabilities.
All the monetary claims of the Employees are settled by the Liquidator subjec to to availability of funds.
There is no provision in the Cooperative Societies Act for providing employment by absorbing in any other department or organisation. It is upto the Govt. to decide on this issue.