Companies Act, 1956

The provisions of the Companies Act, 1956 shall not apply to societies registered, or deemed to be registered, under this Act and any society registered under the Sikkim Co-operative Societies Act, 1955 or any other law relating to co-operative societies in force in the State of Sikkim shall be deemed to have been registered under this Act and its bye-laws shall, so far as the same are not inconsistent with the express provisions of this Act, continue in force until altered or rescinded. Appointments, rules and orders made, notifications and notices issued and all other proceedings instituted under the Sikkim Co-operative Societies Act, 1955 shall be deemed to have been respectively made, issued or instituted under this Act, unless duly revoked or cancelled.