multi state cooperative society

cooperative society

Housing society

A cooperative society means a public enrolled or thought about to be gotten under any law relating to reasonable orders for the present in power in any State or under the Central presentation. Practical societies could be legislated by the individual State cooperative Societies Act or by the Multi-State Cooperative Societies Act, 2002. The societies, whose primary location is to serve the financial investment in a certain State, are enacted laws by the Cooperative Societies Act of that specific State. While a society whose concept 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 handy members whose capabilities and short articles spread over to a few states. The Act accommodates establishment of both important (with both individual and institutional parts) and chosen cooperatives (with simply institutional participation).

cooperative society registration

Documents needed for the registration of multi state cooperative society:-.

1. 4 copies of the suggested Bye-laws of the Multi-state cooperative society, appropriately signed by each of the persons who sign the application.

2. Details including name of the proposed multi-state cooperative society,.

Address of headquarter to be registered, location of operation and primary objectives.

3. A list of individuals who have actually contributed to the share capital, together with the amount contributed by each of them, and the admission cost paid by them.

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