Q.Every co-operative society in Maharashtra, including a processing co-operative, is registered and governed under the:
(A) Companies Act, 2013
(B) Indian Partnership Act, 1932
(C) Maharashtra Co-operative Societies Act, 1960
(D) Sale of Goods Act, 1930

Co-operatives are a distinct legal form with their own governing statute in Maharashtra, separate from companies and partnerships.

Why (C) is correct: Co-operative societies in Maharashtra are registered and regulated under the Maharashtra Co-operative Societies Act, 1960, and supervised by the Commissioner and Registrar of Co-operative Societies. On registration a processing co-operative becomes a body corporate — a legal person separate from its members.

Why the distractors are wrong: …

Do not assume a large sugar factory must be a 'company.' Even a very large co-operative sugar factory is registered as a co-operative society under the Maharashtra Co- …