Co Operative Society Formation
A co-operative society should be fashioned below the Co-operative Societies Act, 1912 or below the relevant state co-operative society’s law.
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• A co-operative society is fashioned by at least ten adult members. • The members willing to create a society should have common bond among them.
Co Operative Society Formation • They will be the residents of same section, staff of some organization, happiness to some cluster having affinity etc. • the fundamental plan is that everyone the persons aiming to kind a society ought to have some common objectives to attain.
Application for Society Must Include
(a)Name and address of the society. (b) Aims and objectives of the society (c) Names and addresses of members of the society.
Application for Society Must Include (d) Share capital and its division. (e) Mode of admitting new members. (f) A duplicate of the bye laws of the society.
Application for Society Must Include • The required documents are filed with the Registrar of Societies. • The Registrar scrutinizes the documents; if these are as per necessities then the society’s name is entered within the register.
Application for Society Must Include
• A certificate of registration is additionally issued to the society. • The society can become a company body from the date mentioned within the certificate.
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