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Multi state co operative society

CA Syed Raza Abbas Rizvi (PROPRIETOR ) (631 Points)

27 April 2012

Dear All,

Greetings of the Day!!!!!!!!

May any one tell me the procedure of registration of a Multi State Co Operative Society. Specially the minimum Capital requirement ,the registrar office in Delhi and registration fees.

Thanks in Advance

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3 Replies

ankit p (PARTNER) (21 Points)
Replied 12 June 2012

Minimum Requirements

Fifteen or more persons having attained the age of 18 years

who are residing in the area of operation of the society could form a Registered Cooperative Society. The norms have been prescribed by the O/O RCS, Delhi for registration of new societies which are given below in the form of a statement and are to be followed by the promoters while organizing a new society. The procedure for formation of cooperative society starts by electing a Chief Promoter by other promoter members by holding a General Body Meeting of such promoters authorizing him to sign necessary papers and submitting them in the O/o RCS. In Delhi, the present norms for formation of different kinds of societies are as under :-

S.No.	Category of Society	No. of minimum membership	Minimum share capital to be raised (in Rs.)	Area of operation
1.	Urban Bank	3000	4 crores	N.C.T. of Delhi
2.	Urban Credit Societies
	(a) Salary Earner T/C Society	50	50000/-	Office/Establishment
	(b) Urban credit (General)	50	Rs. Two Lakh	N.C.T. of Delhi
3.	Consumer Store	100	Rs. One Lakh	District
4.	Industrial (P) Cooperative Society	15	Rs. One Lakh	District
	Handloom Coop. Indl Society	15	25000/-	District
	Leather Coop. Indl Society	15	-do-	District
	Women Coop. Indl Society	15	-do-	District
	Other weaker sections society	15	-do-	District
5.	Indl. Services society	15	50000/-	District
6.	Group Housing/ House Building Society	60	60000/-	N.C.T. of Delhi
7.	Agriculture service/credit society	50	25000/-	Rural villages
8.	Dairy, poultry, piggery society	15	25000/-	Rural villages
9.	Transport society	15	1,50,000/-	N.C.T. of Delhi
10.	Labour	15	50,000/-	N.C.T. of Delhi
11.	Security Service Society, tourism society, Health Care, Water Harvesting society, Environment Protection Society	15	50000/-	N.C.T. of Delhi
12.	Integrated Development Society	15	50000/-	N.C.T. of Delhi
13.	Multiporpose Society for slum dwellers	30	3000/-	N.C.T. of Delhi
Source: Notification No.: F.37/(Policy)/RCS/142-150 dt. 19-10-2007

For detailed guidelines, it is suggested to see "Guidelines for organising/registration of cooperative societies in N.C.T. of Delhi" available at the Delhi State Cooperative Union Ltd., at the following address :-

The Chief Executive Officer,
Delhi State Cooperative Union Ltd.,
31, Netaji Subhash Marg, Darya Ganj,
New Delhi - 110 002
Tel No. 23265863, 23259058

this is from the link available at official website of multistate co oprative society registration..https://delhi.gov.in/wps/wcm/connect/doit_rcs/RCS/Home/Registration/Minimum+Requirements

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SHAILENDRA KUMAR (Consultant) (37 Points)
Replied 20 June 2012

Dear For multistate cooperative society the basic important points are as below.

As per MSCS ACT 2002

1.Four copies of the proposed Bye-laws of the Multi-state cooperative society, duly signed by each of the persons who sign the application.

2.Name of the proposed multi-state cooperative society.

3.Head Quarters and address to be registered.

4.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.

5.Area of operation.

6.Main objectives

7.A certificate from the Bank or banks stating the credit balance in favour of the proposed multistate cooperative society.

8.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.

9.The 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.

I just give you the baisc idea you can contact me on my email. if you want more information on this topic.

Thanking You

Shailendra

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