Mohan has completed MBA in dairy farming and is keen in uniting farmers in Rajasthan by forming a Multi State Co-operative Society. Brief Mohan on the documentary requirements for formation of Multi State Co-operative So

CS Executive · Setting up of Business Entities and Closure · PYQS · June 2022
Mohan has completed MBA in dairy farming and is keen in uniting farmers in Rajasthan by forming a Multi State Co-operative Society. Brief Mohan on the documentary requirements for formation of Multi State Co-operative Society and the Authority with whom the application needs to be filed.

Answer & Explanation:

An application in Form -1 (under sub-rule (1) of rule 3 of the Multi State Cooperative Societies Rules, 2002) should be filed with the Central Registrar of Cooperative Societies, New Delhi along with the following enclosures: A certificate from the bank stating credit balance there in favour of the proposed multi-state co-operative society. A scheme explaining how the proposed multi state co-operative society has reasonable prospects of becoming a viable unit. Proposed bye-laws of the multi-state cooperative society, duly signed by each of the persons who sign the application for registration. Proposed area of operation for registration shall initially be permitted for two contagious states only. The list of persons who have contributed to the share capital, together with the amount contributed by each of them and admission fee paid by them along with their ID address proof duly attested by the Chief Promoter. Certified copies of the resolutions passed by the proposed society along with the certified copy of the resolution of the promoters which shall specify the name and address of one of the applicant(s) to whom the Central Registrar may address correspondence under the rules before registration and dispatch or hand over registration documents. Contact number and e-mail address of the Chief Promoter or Society on cover page. For societies having objects related to thrift and credit and for multi-purpose societies following additional documents are required to be submitted along with documents mentioned above: No Objection Certificate from the Registrar of Cooperative Societies of the States/ U.T. where the area of operation of the society is proposed to be confined. A certificate to the effect that the credentials of the Chief Promoter/Promoters have been verified by the Registrar of Co-operative Societies of the state where the head office is proposed to be located. All documents to be submitted in original with the signatures of the Chief Promoter/ Promoters on each page.

Topics: Co-operative Societies

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