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November 16, 2013

STEPS TO REGISTER A MULTI STATE CO-OPERATIVE SOCIETY

MULTI STATE COOPERATIVE SOCIETY

To register a Multi-State Cooperative society, you should atleast have 50 members from each state and the following procedure should be adopted:


1. An application for registration of a multi-state cooperative society under sub-section (1) of section 6 shall be made in Form I and shall be signed by

(a) at least fifty persons from each of the state concerned;

(b) in the case of a multi-state cooperative society of which the members are cooperative societies, by duly authorised representatives on behalf of at least five such societies as are not registered in the same state; and

(c) in the case of a multi-state cooperative society of which another multi-state cooperative society and other cooperative societies are members, by duly authorised representatives of each of such societies:

(d) in the case of a multi-state cooperative society of which the members are cooperative societies or multi-state cooperative societies and individuals, by at least
(i) fifty persons, being individuals, from each of the two states or more; and
(ii) one cooperative society each from two states or more or one multi-state cooperative society.

and should be accompanied by

(a) four copies of the proposed bye-laws of the multi-state cooperative society, duly signed by each of the persons who sign the application for registration;

(b) a list of persons who have contributed to the share capital, together with the amount contributed by each of them, and the admission fee paid by them;

(c) a certificate from the bank or banks stating the credit balance in favour of the proposed multi-state cooperative society;

(d) a scheme showing the details explaining how the working of the multi-state cooperative society will be economically sound and the registration of such multi-state cooperative society will be beneficial for social and economic betterment of its members through self-help and mutual aid in accordance with the cooperative principles;

(e) certified copy of the resolution of the promoters which shall specify the name and address of one of the applicants to whom the Central Registrar may address correspondence under the rules before registration and dispatch or hand over registration documents.


(2) The application for registration shall be disposed of by the Central Registrar within a period of four months from the date of receipt thereof by him.


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1 comment:

  1. Thanks for the useful information

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