Multi-State Cooperative Society
A multi-state Cooperative Society is basically a society that is registered or deemed to be registered under the ‘Multi-State Cooperative Societies Act, 2002’ and includes a national Cooperative society or a Federal Cooperative.
Vision: To promote and secure interests and objects of the society and serve the interests of members in more than one state for both social and economic betterment of its members.
Procedure for registration of a Multi-State Cooperative Society:
- As per the prescribed form, an application for registration of a Multi-State Cooperative society shall be made (Form 1 and Form 2)
- The application shall be signed by:-
- In case 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;
- In case of a multi-state Cooperative society of which all the members are individuals, by at least fifty persons from each of the states concerned.
- If 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.
- In case the members are other Multi-State Cooperative Societies and other Cooperative Societies, by duly authorised representatives of each of such societies; However, not less than two of the co-operative societies referred to in this clause, shall be such as are not registered in the same State.
- The application shall be accompanied by:-
- Name of the proposed multi-state cooperative society.
- Head Quarters and address to be registered.
- Four copies of the proposed Bye-laws.of the Multistate cooperative society.,duly signed by each of the persons who sign the application.
- Area of operation.
- Main objectives
- 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.
- A scheme showing the details explaining how the working of the multi-State co-operative society will be economically sound and the registration of such multi-State co-operative society will be beneficial for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles.
- A certificate from the Bank or banks stating the credit balance in favour of the proposed multistate cooperative society.
- 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.
The relevant application forms can be obtained from the nearest Office of Registrar of Cooperatives
