FAQs

Cooperative societies, with objects not confined to one State known as a multi state cooperative Society.

Multi State Cooperative Societies are Governed by Multi State Cooperative Societies Act,2002(MSCS Act,2002) and rules made thereunder.

Section 7 of MSCS Act,2002

Minimum 50 individuals in each state (members) are required to join & sign.

Please refer Form I Sub-point 5 (mentioned after Schedule under MSCS Act, 2002.

Formation of byelaws can be done according to Section 10 (Bye-laws of multi- State co-operative societies) of MSCS Act 2002. CRCS office has prepared sample bye-laws which can be referred to for guidance.

[A] Form 1: To be submitted in the format annexed with the MSCS Act 2002 along with the documents required under Form I.

  • A certificate from the bank stating credit balance in favor 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.
  • Four copies of bye-laws in original.
  • Proposed area of operation for registration of Credit or Multi -Purpose shall be permitted initially with two States/UTs only.
  • List of at least 50 members from each state. The list has to be submitted in the format annexed with the MSCS Act 2002 along with the copies of ID proofs of the members duly attested by 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 applicants(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.

[B]: 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 at point [A] 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.

Note: All documents to be submitted in original with the signatures of the Chief Promoter/Promoters on each page.

Note: Credit/Multi- Purpose Societies which are already registered under the MSCS Act, 2002 and are desirous of expanding their area of operations falling under category (B) above shall be required to submit an NOC as mentioned at [B](1)

The application for registration shall be disposed of by the central Registrar within a period of four months from the date of receipt thereof by him.

Section 11 of MSCS Act

15 days clear notice

Every such application shall be made within sixty days from the date of the general meeting at which such amendment to the byelaws was passed.

Within a period of three months from the date of receipt

No

An amendment of the bye-laws of a multi-state cooperative society shall, unless it is expressed to come into operation on a particular day, come into force on the day on which it is registered.

“National cooperative society” means a multi-state cooperative society specified in the Second Schedule; At Present 19 National cooperative societies in this Schedule.

Board of members can have maximum 21 members, including following reservations which are as follows: -

  • 1 (one) member must be S.C/S.T.
  • 2 (Two) Women members .

Society can Co-opt two Directors.

Chief executive Officer is appointed by the board.

The amount collected from promoter members will be deposited in any bank and the said bank then can issue a Bank Balance Certificate and statement of account in favor of new proposed society.

In this viability report society have to explain there over all working & the economic conditions of the society and how effective the work will be with respect to the working states that they have selected. Also there are some financial projected balance sheet which calculates the overall working of the society.