cooperative society
multi state cooperative society
housing society
The societies, whose primary location is to serve the financial investment in a specific State, are legislated by the Cooperative Societies Act of that particular State. While a society whose principle targets are to serve the diversions of its members in more than one State, are enacted laws by the Multi State Cooperative Societies Act, 2002.
The Multi State Cooperative Societies Act, 2002 which replacements the prior statute of 1984, motivates the consolidation of valuable members whose posts and capabilities spread over to a few states. The Act accommodates facility of both important (with both institutional and specific parts) and elected cooperatives (with just institutional participation).
Documents required for the registration of multi state cooperative society:-.
1. 4 copies of the recommended Bye-laws of the Multi-state cooperative society, properly signed by each of the individuals who sign the application.
2. Details containing name of the recommended multi-state cooperative society,.
Address of headquarter to be registered, location of operation and primary objectives.
3. A list of persons who have added to the share capital, together with the quantity contributed by each of them, and the admission charge paid by them.
4. A certification from the Bank stating credit balance in favor of the recommended multi state cooperative society.
5. A scheme showing the information discussing how the working of the multi-State co-operative society will be financially sound and the registration of such multi-State co-operative society will certainly be helpful for social and financial betterment of its members through self-help and shared help in accordance with the co-operative principles.
6. The accredited 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 resolve correspondence under the guidelines before registration and send off or hand over registration documents.
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