Faromation of co-operative society
Aarti Gupta (121 Points)
12 April 2023and how to apply for it?
Aarti Gupta (121 Points)
12 April 2023
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5179 Points)
Replied 13 April 2023
A co-operative society needs to be established under the Co-operative Societies Act, 1912. It can also be created under the applicable state co-operative society's regulation. A co-operative society can be created by a minimum of 10 adult members.step 2. Provisional Committee to select Chief Promoter.step 3. Application has to be made to the Registration Authority.
Once the bank formalities are completed then the promoter has to apply for the society formation to the registration authority and it has to be accompanied with set of documents, they are
Form No. A in quadruplicate signed by 90% of the promoter members
1. List of promoter members
2. Bank Certificate
3. Detailed explanation of working of the society.
4. Four copies of proposed bye-laws of the society.
5. Proof of payment of registration charges.
6. other documents such as affidavits, indemnity bonds, any documents specified by the Registrar also have to be submitted.