PUNJAB UNDESIRABLE COOPERATIVE SOCIETIES (DISSOLUTION) ACT, 1993

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THE PUNJAB UNDESIRABLE COOPERATIVE SOCIETIES 
(DISSOLUTION) ACT, 1993 
(I of 1993) 
CONTENTS 
1. Short title, extent and commencement   
2. Definitions  
3. Act to override other laws, etc  
4. Registration of certain Cooperative Societies prohibited   
5. Cooperatives Boards  
6. Meetings of the Board  
7. Powers of a Cooperatives Board  
8. Chairman, etc., deemed to be public servants  
9. Indemnity  
10. Validity of acts and proceedings  
11. Application to the Cooperatives Judge  
12. Existing Undesirable Cooperative Societies to cease to function  
13. Winding up of an Undesirable Cooperative Society  
14. Claims against an Undesirable Cooperative Society  
15. Dissolution of an Undesirable Cooperative Society 
15-A. Disposal of surplus assets 
16. Abatement of all suits, proceedings, etc  
17. Exclusive jurisdiction of Cooperatives Judge  
18. Confiscation of assets, etc  
19. Action of Federal Government not to be affected, etc  
20. Cognizance of offences, etc  
21. Penalties  
22. Appeal  
23. Power to make rules  
24. Power to make regulations  
25. Power to remove difficulties  
26. Power to amend the schedule  
27. Savings  
28. Repeal  
SCHEDULE
 
TEXT 
1
THE PUNJAB UNDESIRABLE COOPERATIVE SOCIETIES 
(DISSOLUTION) ACT, 1993 
(I of 1993) 
[27th February, 1993] 
An 
Act 
to prohibit the carrying on of business as financial institutions by Cooperative 
Societies and to provide for matters ancillary thereto. 
Preamble.– Whereas it is expedient to prohibit the carrying on of business as 
financial institutions by Cooperative Societies and to provide for matters ancillary 
thereto; 
 It is hereby enacted as follows:– 
1. Short title, extent and commencement. – (1) This Act may be called the 
Punjab Undesirable Cooperative Societies (Dissolution) Act, 1993. 
 (2) It shall extend to the whole of the Punjab. 
 (3) It shall come into force at once. 
2. Definitions.– (1) In this Act, unless there is anything repugnant in the subject 
or context– 
(a) “Commission” means the Commission appointed by the Federal 
Government under section 3 of the Pakistan Commissio ns of Inquiries 
Act, 1956 by Notification No.F-2(1)/91-Pub. dated 6th November, 1991; 
(b) “Cooperatives Board” means a Board constituted under section 5; 
2
[(c) “Cooperatives Judge” means a Judge of the Lahore High Court, 
Lahore, nominated as Cooperatives J udge by the Chief Justice of the 
said Court 
3
[;] ] 
(d) “Government” means the Government of the Punjab; 
(e) “Liquidator” means a “Cooperatives Board”; 
(f) “Prescribed” means prescribed by Rules; 
(g) “Registrar” means the Registrar of Cooperative Societies , appointed 
under the Cooperative Societies Act, 1925; 
(h) “Schedule” means the schedule to this Act; and 
                                       
1This Act was passed by the Punjab Assembly on 15th February, 1993; assented to by the Governor of the Punjab on 23rd 
February, 1993; and, was published in the Punjab Gazette (Extraordinary), dated 27th February, 1993, Pages 1042 -A to 1042-
J. 
2Substituted by the Punjab Undesirable Cooperative Societies (Dissolution) (Amendment) Act, 1997 (XIII of 1997), w.e.f.9.12.1997, s.2; 
and published in the Punjab Gazette (Extraordinary), page 2063. 
3Misprinted in the Gazette as “full-stop”. 
(i) “Undesirable Cooperative Society” means a Cooperative Society 
registered under the Cooperative Societies Act, 1925 by whatever 
name called– 
(i) to which section 4 applies; or 
(ii) which is specified in the schedule. 
 (2) Words and expressions used but not defined shall have the same 
meanings as have been assigned to them in the Cooperative Societies Act, 1925. 
3. Act to override other laws, etc. – The provisions of this Act shall have effect 
notwithstanding anything contained in any other law for the time being in force, or in 
any judgement or decision of any court or in any agreement, contract or instrument. 
4. Registration of certain Cooperative Soci eties prohibited. – (1) No 
Cooperative Society formed with the object of accepting deposits from its members 
or the public for the purposes of lending, investment or allowing withdrawals in any 
manner shall after the commencement of this Act , be registered under the 
Cooperative Societies Act, 1925. 
 (2) Any registration made in contravention of sub-section (1) shall be void. 
5. Cooperatives Boards. – (1) The Government may establish as many 
Cooperatives Boards as it may deem necessary and assign names to them. 
 (2) A Cooperatives Board shall be a body corporate, having perpetual 
succession and common seal, with powers, subject to the provisions of this Act, to enter 
into contracts and to acquire, hold and dispose of property, both movable and 
immovable, and shall, by the said name, sue and be sued. 
 (3) A Cooperatives Board shall consist of a Chairman and at least two 
members. 
 (4) The Chairman and other members whose qualifications and terms and 
conditions of service shall be such as may be prescribed, shall b e appointed by the 
Government. 
6. Meetings of the Board. – The meetings of the Board shall be held in 
accordance with such procedure as may be prescribed: 
 Provided that until the rules are framed, such meetings shall be convened and 
regulated by the Chairman. 
7. Powers of a Cooperatives Board. – A Cooperatives Board when appointed 
as a Liquidator under this Act shall have all the powers exercisable by a Liquidator 
under the Cooperative Societies Act, 1925 and in addition to that shall have the 
power to– 
(a) verify the claims already filed with the Commission; entertain and 
dispose of objections against the acceptance or rejection thereof and 
also entertain claims, in case, reasonable cause is shown for not filing 
the same earlier; 
(b) unearth and proceed agai nst any concealed or hidden property of an 
Undesirable Cooperative Society, whether in the name of any Director, 
Officer, agent or any of the members of their families or in the name of 
any other person, body, company or firm acquired or purchased by 
using or diverting the funds of such a society; 
(c) determine the assets and liabilities of an Undesirable Cooperative 
Society and those of its Promoters, Directors, Officers and agents and 
of the past members of its committees of management; 
(d) fix and pay to  any person on whose information to a Cooperatives 
Board any hidden assets of an Undesirable Cooperative Society are 
retrieved, a compensation not exceeding fifteen per cent of the value of 
such assets; 
(e) cancel all agreements entered into by an Undesira ble Cooperative 
Society or its previous managements or Directors, Officers or agents , 
which in the opinion of the Cooperatives Board, are mala fide and against 
the interest of such a society or the members thereof; 
(f) decide and settle objections and clai ms of third parties relating to 
assets and properties of an Undesirable Cooperative Society; provided 
that the plea of limitation shall not be a defence against the recovery of 
any assets and properties of an Undesirable Cooperative Society; 
(g) recall and  recover loans advanced by an Undesirable Cooperative 
Society; for which purpose, the provisions of all existing laws including 
the Cooperative Societies and Cooperative Banks (Repayment of 
Loans) Ordinance, 1966 with necessary adaptations shall apply to t he 
Cooperatives Boards, but nothing contained in this clause shall be a 
bar for a Cooperatives Board to make reference in respect of any loan, 
in terms of section 4 of the said Ordinance to the Assistant Registrar or 
Registrar, as the case may be, who shal l thereafter proceed against 
the borrowers under the provisions of the said Ordinance; 
(h) determine the validity of adjustment of deposits, loans, deposit 
certificates, securities and other such instruments;  
(i) call for any information, document, record  or evidence from any 
person, authority, agency or department; 
(j) initiate inquiries through police and other agencies for unearthing 
hidden or concealed properties and assets of an undesirable 
Cooperative Society and its Directors, Officers, agents, bena midars 
and the members of their families; 
4
[(k) initiate criminal prosecution of Directors, Officers and Agents of an 
Undesirable Cooperative Society and other persons connected with the 
properties and affairs of such a society 
5
[;] ] 
(l) avail itself of f inancial assistance from Bait -ul-Maal and other agencies 
for payment to depositors who are deserving destitutes, widows, 
orphans or infirm persons; 
                                       
4Substituted by the Punjab Undesirable Cooperative Societies (Dissolution) (Amendment) Act, 1994 (XI of 1994), w.e.f.5.12.1994, 
s.2; and published in the Punjab Gazette (Extraordinary), pages 263-264. 
5Misprinted in the Gazette as “full-stop”. 
(m) develop the properties of an Undesirable Cooperative Society and for 
that purpose to formulate and execu te development schemes with or 
without the collaboration of the official development agencies and 
dispose of assets and properties; 
(n) assess the market value of properties and assets of an Undesirable 
Cooperative Society for their disposal; 
(o) take loan s, financial assistance and do all acts, deeds and things 
necessary for the implementation of the requirements of this Act and 
directions, orders and decisions of the Cooperatives Judge; 
(p) satisfy wholly or partly the verified claims with the approval of  the 
Cooperatives Judge at any time pending winding up proceedings and 
final determination of assets and liabilities of an undesirable 
Cooperative Society; 
(q) incur all reasonable expenses for the management of a society to be 
dealt with by it and for other purposes under this Act; 
(r) subject to the rules appoint such officers, advisers and other 
employees as it considers necessary for the efficient performance of its 
functions, on such terms and conditions as it may deem fit; 
(s) delegate to the Chairman , or any member or committee or officer or 
adviser, any of its powers under this Act or the rules; 
(t) apply to the Cooperatives Judge for guidance, in relation to any 
particular matter arising in winding up proceedings; 
6
[(ta) direct the eviction of tenan ts from any of the properties vested in the 
Board;] 
7
[(tb) create a fund for social sector development in the Punjab with surplus 
assets if any;] 
(u) maintain accounts in such manner as may be prescribed; and 
(v) refer a case, for the recovery of a loan ad vanced by an Undesirable 
Cooperative Society or for the execution of any decree, order or award 
passed in favour of such a Society, at any stage of its proceedings to 
the Cooperatives Judge who may dispose it of or otherwise deal with it 
in accordance with such procedure as may be prescribed and until the 
procedure is prescribed as may be determined by the Cooperatives 
Judge. 
8. Chairman, etc., deemed to be public servants. – The Chairman, every 
member, adviser, officer and employee of the Cooperatives Board , shall be deemed 
to be a public servant within the meaning of section 21 of the Pakistan Penal Code. 
9. Indemnity.– No suit, prosecution or other legal proceedings shall lie against 
the Registrar, Chairman, any member, officer, adviser or employee of the 
                                       
6Added by the Punjab Undesirable Cooperative Societies (Dissolution) (Amendment) Act, 1996 (II of 1996) , w.e.f.21.5.1996, 
s.2; and published in the Punjab Gazette (Extraordinary), pages 182-183. 
7Inserted by the Punjab Finance Act 2009 (III of 2009) , w.e.f.1.7.2009, s.  3; and published in the Punjab Gazette 
(Extraordinary), dated 29.6.2009, pages 3965-3966. 
Cooperatives Board in respect of anything done in good faith and with due care and 
attention under this Act. 
10. Validity of acts and proceedings.– No act done or proceedings taken under 
this Act shall be questioned on the ground of the existence of any va cancy or any 
defect in the constitution of a Cooperatives Board. 
11. Application to the Cooperatives Judge. – A person, if aggrieved by an act 
or decision of the Cooperatives Board, may 
8
[including the Chairman or his delegate 
may within a period of sixty d ays from the date of the act or decision] apply to the 
Cooperatives Judge, who may confirm, reverse, or modify the act or decision 
complained against, and make such order as he may think just in the circumstances 
of the case. 
12. Existing Undesirable Coope rative Societies to cease to function. – An 
Undesirable Cooperative Society specified in the schedule on the commencement of 
this Act and in case of subsequent inclusion of an Undesirable Cooperative Society 
in the schedule, on the date of such inclusion, s hall cease to function and all its 
properties, assets, securities, deposits and bank accounts shall vest in the Registrar 
and shall remain so vested till such time they stand vested in the Liquidator. 
13. Winding up of an Undesirable Cooperative Society. – (1) As soon as may 
be, after the commencement of this Act, the Registrar shall make a petition to the 
Cooperatives Judge for winding up of an Undesirable Cooperative Society who shall 
thereupon make an order for its winding up and appointment of a Cooperat ives 
Board as Liquidator. 
 (2) Nothing contained herein shall bar the jurisdiction of the Cooperatives 
Judge to pass an interim order appointing a Cooperatives Board as Liquidator, 
without prior notice to such a society. 
14. Claims against an Undesirable Cooperative Society.– Any person having 
any claim against an Undesirable Cooperative Society or any right over any property 
or assets of such society or against its Directors, officers or agents, whether on the 
basis of any agreement, sale, transfer or othe rwise, may, within thirty days of the 
appointment of a Liquidator or within a reasonable time allowed by the Cooperatives 
Judge, submit his claim before the Liquidator. 
15. Dissolution of an Undesirable Cooperative Society.– When an Undesirable 
Cooperative Society is wound up, it shall be deemed to have been dissolved and its 
registration cancelled. 
9[15-A.Disposal of surplus assets .– (1) Notwithstanding anything contained in 
section 52 of the Cooperatives Societies Act, 1925 (VII of 1925), after all the 
liabilities including the paid up share capital of a wound up society have been met, 
                                       
8Inserted by the Punjab Undesirable Cooperative Societies (Dis solution) (Amendment) Ordinance 1999 (LIII of 1999), s.2; and 
published in the Punjab Gazette (Extraordinary), pages 1399-1400. Under Article 5A of the Provisional Constitution Order 1999 
(I of 1999), as amended, read with Article 270AA of the Constitution of th e Islamic Republic of Pakistan, 1973, it shall not be 
subject to any limitation as to duration prescribed in the Constitution. 
9Inserted by the Punjab Undesirable Cooperative Societies (Dissolution) (Amendment) Act 2020 (XVIII of 2020), published in 
the Punjab Gazette (Extraordinary), dated: 11 August 2020, pp. 583-584, s. 2. 
the surplus assets shall not be divided amongst its members but they shall, with the 
approval of the Government, be devoted to any of the following: 
(a) an object of public purpose or utility; or  
(b) a charitable purpose as defined in section 2 of the Charitable 
Endowments Act, 1890. 
(2) Subject to subsection (1), the surplus assets may be placed with the 
Punjab Provincial Cooperatives Bank Limited for the purposes mentioned in cla uses 
(a) or (b) of subsection (1).] 
16. Abatement of all suits, proceedings, etc. – (1) All suits or proceedings 
pending before any Court or authority against an Undesirable Cooperative Society in 
respect of its assets and liabilities shall stand abated on the appointment of the 
Liquidator: 
 Provided that fresh proceedings against such a Society may be initiated 
before the Cooperatives Judge within sixty days of such abatement. 
 (2) All decrees, judgements and orders passed by any Court, except the 
Supreme Court, against an Undesirable Cooperative Society or against properties and 
assets thereof on or after the first day of July , 1990 shall be unexecutable and of no 
legal effect, unless such judgement, decree or order is confirmed by the Cooperatives 
Judge after hearing the concerned parties. 
 (3) Any person who relies on such decrees, judgements or orders, may 
within sixty days of the appointment of the Liquidator, apply to the Cooperatives 
Judge for its confirmation. 
17. Exclusive jurisdiction of Cooperatives Judge.– Save as otherwise provided 
in this Act, no Court shall have jurisdiction in respect of any matter which a 
Cooperatives Board and the Cooperatives Judge are empowered by or under this Act 
to determine and no injunction or process or order shall be  granted by any Court or 
authority in respect of any action taken or to be taken in exercise of any power 
conferred by or under this Act. 
18. Confiscation of assets, etc. – (1) Where any Director, officer, or agent of an 
Undesirable Cooperative Society or any other person, body, company or firm found to 
be in possession of any property or assets on behalf of such Director, officer, agent 
or such society for the pecuniary resources of which such Director, officer, agent, 
person, body, company or firm cannot s atisfactorily and reasonably account for or 
holds property disproportionate to his or its known sources of income, it shall be 
presumed, unless the contrary is proved, that such Director, officer or agent, person, 
body, company or firm has acquired such pr operty and assets by misappropriating 
the funds of such society. 
 (2) The Cooperatives Judge may, after holding an inquiry, order 
confiscation of all such properties and assets against which a presumption is raised 
under sub-section (1) which shall then ve st in the Cooperatives Board as assets of 
such a Society for distribution among its depositors. 
19. Action of Federal Government not to be affected, etc. – (1) Nothing in this 
Act shall affect any action taken by the Federal Government against an Undesirable 
Cooperative Society or any of its Directors, officers, agents or any other person in 
pursuance of any law for the time being in force, or any other measure adopted for 
providing relief to the depositors. 
 (2) Action under this Act against an Undesirable Cooperative Society or 
against its Directors, officers, agents or any other person, shall be in addition to and 
not in derogation of any action taken under any law for the time being in force. 
20. Cognizance of offences, etc. – (1) All offences under this A ct shall be 
cognizable and non-bailable. 
 
10
[(2) No court shall take cognizance of any offence under this Act except on 
a complaint made by the Cooperative Board.] 
21. Penalties.– Any person who– 
(a) contravenes or violates any of the provisions of this Act  or the rules 
made thereunder or directions or orders of the Cooperatives Judge or 
the Cooperatives Board passed or given in pursuance of the provisions 
of this Act or the rules; or 
(b) fails to inform the Cooperatives Judge or the Cooperatives Board within 
one month of the commencement of this Act, that he holds, possesses 
or keeps in his control any property or assets of any Undesirable 
Cooperative Society shall be punishable with rigorous imprisonment 
which may extend to seven years, or with fine up to t wenty thousand 
rupees or with both. 
22. Appeal.– An appeal against the final order of the Cooperatives Judge shall lie 
before the Supreme Court within thirty days from the date of the order. 
23. Power to make rules. – The Government may, by notification in the official 
Gazette, make rules for carrying out the purposes of this Act. 
24. Power to make Regulations.– Subject to the rules, the Cooperatives Board 
may make Regulations for carrying out the purpose of this Act. 
25. Power to remove difficulties.– If any difficulty arises in giving effect to any of 
the provisions of this Act, the Government may make such order, as may appear to it to 
be necessary for the purpose of removing the difficulty. 
26. Power to amend the schedule. – The Government may, by Notification, 
amend the schedule so as to add any entry thereto or modify or omit any entry 
therein. 
27. Savings.– All orders made, proceedings taken and acts done by any 
authority, or person which were made, taken or done or purported to have been 
made, taken or done under the Punjab Undesirable Cooperative Societies 
(Dissolution) Ordinance, 1992 (XX of 1992), the Punjab Undesirable Cooperative 
Societies (Dissolution) Ordinance, 1992 (XXXI of 1992), the Punjab Undesirable 
                                       
10Substituted by the Punjab Undesirable Cooperative Societies (Dissolution) (Amendment) Act, 1994 (XI of 1994), w.e.f.5.12.1994, 
s.3; and published in the Punjab Gazette (Extraordinary), pages 263-264. 
Cooperative Societies (Dissolution) Ordina nce, 1992 (XXXVII of 1992) and the 
Punjab Undesirable Cooperative Societies (Dissolution) Ordinance, 1993 (II of 1993) 
shall be deemed to have been made, taken or done under this Act. 
28. Repeal.– The Punjab Undesirable Cooperative Societies (Dissolution) 
Ordinance, 1993 (II of 1993) is hereby repealed. 
SCHEDULE 
[See section 2(I)] 
1. Adam Industrial Amusement Cooperative Society Ltd. 
2. Agro Commercial Investment Cooperative Ltd. 
3. Agricultural and Allied Services Cooperative Development Society Ltd. 
4. Agricultural Cooperative Development & Investment Ltd. 
5. Alliance Industrial and Commercial Cooperative Society Ltd. 
6. Allied Commercial Cooperative Corporation Ltd. 
7. Allied Industrial Cooperative Development Society Ltd. 
8. Al-Sadat Cooperative Thrift and Credit Society Ltd. 
9. Asia Cooperative Credit Corporation Ltd. 
10. Asian Development Cooperative Society Ltd. 
11. Barex Commercial Cooperative Society Ltd. 
12. Capital Cooperatives Ltd. 
13. Central Punjab Cooperative Credit Society Ltd. 
14. Citi Industrial Cooperative Development Society Ltd. 
15. The Commerce Urban Cooperative Credit Society Ltd. 
16. Commercial Cooperative Development Corporation Ltd. 
17. Commerce Development Cooperative Society Ltd. 
18. The Coop-5 Cooperative Investment Ltd. 
19. Crescent Cooperative Development Society Ltd. 
20. Crescent Industrial Development Cooperative Corporation Ltd. 
21. Eurasia Industrial Cooperative Ltd. 
22. Fair-deals Cooperative Society Ltd. 
23. Federal Cooperative Commercial Society Ltd. 
24. Federal Industrial Cooperative Society Ltd. 
25. Frugal Cooperative Development Society Ltd. 
26. Global Cooperative Society Ltd. 
27. The Gujjar Khan Cooperative Urban Finance Corporation Ltd. 
28. The Gujrat Khawajgan Cooperative Finance Corporation Ltd. 
29. Gulf Industrial Cooperative Society Ltd. 
30. Habib Industrial Cooperative Corporation Ltd. 
31. Habib Industrial Cooperative Credit Corporation Ltd. 
32. Habib National Cooperative Society Ltd. 
33. Image Cooperative Society Ltd. 
34. Imperial Cooperative Society Ltd. 
35. Indus Cooperative Society Ltd. 
36. International Industrial Cooperative Society Ltd. 
37. The Ittifaq Cooperative Commerce Corporation Ltd. 
38. Khyber Industrial Agricultural Cooperative Society Ltd. 
39. The Kissan Cooperative Commercial Corporation Ltd. 
40. Management Improvement Cooperative Corporation of Pakistan Ltd. 
41. Mercantile Cooperative Finance Corporation Ltd. 
42. The First Islamic Cooperative Credit Ltd. 
43. The Millat Cooperatives Ltd. 
44. The Milli Cooperative Multipurpose Society Ltd. 
45. Millat Industrial Cooperative Society Ltd. 
46. The Mughal Cooperative Finance Corporation Ltd. 
47. The Muslim Industrial Cooperative Corporation Ltd. 
48. Mutual Cooperative Society Ltd. 
49. National Agro and Credit Cooperative Society Ltd. 
50. National Cooperative Credit Corporation Ltd. 
51. National Cooperative Investment Ltd. 
52. National Development Cooperative Society Ltd. 
53. National Housing Agricultural and Industrial Cooperative Society Ltd. 
54. National Industrial Cooperative Credit Corporation Ltd. 
55. National Industrial Cooperative Finance Corporation Ltd. 
56. National Investment Cooperatives Ltd. 
57. Oman Cooperative Society Ltd. 
58. Orient Industrial Cooperative Society Ltd. 
59. The Pak Punjab Cooperative Credit Corporation Ltd. 
60. Pak Crescent Cooperative Society Ltd. 
61. Pakistan Development Cooperative Corporation Ltd. 
62. Pak Industries Cooperative Society Ltd. 
63. Pak Industrial Cooperative Development Society Ltd. 
64. The Pak Industrial Cooperative Ltd. 
65. Pakistan National Industrial Cooperative Credit Corporation Ltd. 
66. Pasban Cooperative Credit Corporation Ltd. 
67. Pasban Cooperative Finance Corporation Ltd. 
68. Popular Cooperative Urban Thrift & Credit Society Ltd. 
69. The Premier Alliance Cooperative Ltd. 
70. Premier Industrial Development Cooperative Corporation Ltd. 
71. Prime Industrial Cooperative Development Society Ltd. 
72. Progressive Cooperative Society Ltd. 
73. Progressive Industrial Development Cooperative Society Ltd. 
74. Public Industrial and Commercial Cooperative Society Ltd. 
75. Punjab Agriculture Cooperative Development Corporation Ltd. 
76. Punjab Cooperative Agricultural Corporation Ltd. 
77. Punjab Development Cooperative Corporation Ltd. 
78. The Punjab Industrial Development and Construction Cooperative 
Corporation Ltd. 
79. Punjab Industrial Cooperatives Ltd. 
80. The Quaid Cooperative Investment Ltd. 
81. Qudaratabad Multipurpose Cooperative Society Ltd. 
82. Services Cooperative Credit Corporation Ltd. 
83. Shifa Cooperative Investment Society Ltd. 
84. Standard Cooperative Industrial Development Corporation Ltd. 
85. Standard Cooperative Society Ltd. 
86. Standard Industrial Cooperative Society Ltd. 
87. State Cooperative Credit Corporation Ltd. 
88. The State Industrial Cooperative Credit Corporation Ltd. 
89. Sunshine Cooperative Society Ltd. 
90. Super Investment Cooperative Society Ltd. 
91. Traders Cooperative Corporation Ltd. 
92. Union Cooperative Investment Ltd. 
93. Union Industrial Cooperative Corporation Ltd. 
94. Union Industrial Cooperative Society Ltd. 
95. United Agricultural Cooperative Corporation Ltd. 
96. United Cooperative Credit Corporation Ltd. 
97. United Cooperative Development Society Ltd. 
98. United Development Cooperative Society Ltd. 
99. The Urban Cooperative Thrift and Credit Society Ltd. 
100. Wahid Multipurpose Cooperative Society Ltd. 
101. Wattan Commercial Cooperative Society Ltd. 
102. Zamindara Cooperative Credit Corporation Ltd.