Case of Nirmal Ujjwal Credit Coop Society Ltd vs Ravi Sethia, SC Judgement Dated 9th April 2026.The apex court held that section 64(d) of the Multi-State Cooperative Societies Act, restricts investment only to entities in the same line of business. Accordingly, Multi-State Cooperative Society is ineligible to submit resolution plan for corporate debtor which does not operate in same line of business.
