The Central Registrar of Cooperative Societies (CRCS) has issued a winding-up order against Moneyedge Multi-State Multipurpose Cooperative Society Ltd., Maharashtra, formerly known as Jivan Multi-State Multi-Purpose Cooperative Society Ltd.
The development follows proceedings initiated by the CRCS in connection with the society’s alleged non-compliance with an order of the Cooperative Ombudsman. A notice dated September 2, 2026, issued under Section 86 of the Multi-State Co-operative Societies Act, 2002, had proposed initiating winding-up proceedings against the society.
The matter relates to an order of the Cooperative Ombudsman dated June 17, 2025, concerning a depositor’s claim. According to the proceedings, the society had been directed to pay the claimed amount along with applicable interest within the prescribed period and submit a compliance report.
CRCS also recorded that the society did not comply with the Ombudsman’s direction or file an appeal. The notice further referred to the society’s non-appearance at hearings held on October 16 and November 27, 2025, and February 24, 2026. Non-submission of mandatory annual returns under Section 120 of the MSCS Act was also cited in the proceedings.
Following the notice and subsequent proceedings, CRCS published a winding-up order dated September 21, 2026, concerning Moneyedge Multi-State Multipurpose Cooperative Society. The official CRCS notification identifies the society by its present name as well as its former name, Jivan Multi-State Multi-Purpose Cooperative Society Ltd.
The case highlights the statutory compliance obligations applicable to Multi-State Cooperative Societies, including adherence to directions issued under the cooperative dispute-resolution framework and timely submission of prescribed statutory returns.