💛~Multi state co-operative society Act,2002~💛

MULTI STATE CO-OPORATIVE SOCIETY 

The multi state co-operative society was enacted in 1984 further it was modified in the year 2002. It is known as MSCS act, 2002.

Meaning :-The multi state co-operative society works for the members of state Area which is not confined to one state but it serves the members of other states too. MSCS works for the betterment of the states and to facilitate them to grow more democratic, mutual and self help and to promote their economic.

Types of multi state cooperative society

# Farming cooperative society 

# Credit cooperative society

# Real state cooperative society

# Transport cooperative society

# Dairy firm cooperative society

The member forming an entity with a willing to work as MSCS needs to get registered in applications form -1(under sub-rules(1) of rule 3 of the multi state cooperative societies rules,2002) should be filed with the Central Registrar  of cooperative society, New Delhi along with the following enclosures :-

1) A certificate from a bank stating the credit balance in favour of the proposed entity.

2) A proper scheme structure explaining how the proposed unit of the entity is reasonable of becoming a viable units.

3) Four copies of bye-laws in original.

4) The proposed area of Operations shall initially be permitted for two contagious states only.

5) List of 50 members of each state has to be submitted to multi state co-operative society act,2002 along with the ID proof copies of the member duly attested as a chief promoter.

6) There should be a certified copy of the resolution of the promoter which shall be specify the name and address if one of the applicants to whom CR ( central Registrar) will dispatch and handover the documents. The MSCS has to pass a resolution by the proposed society.

CONTACT NUMBER AND THE E-MAIL ADDRESS OF THE CHIEF PROMOTER OR THE SOCIETY SHOULD BE ON THE COVER PAGE.  

                                        

The society having an object related to credit cooperative society some additional documents are required to be submitted along with the upper documents.

1) NOC (No objection certificate) from the registrar of cooperative society of the states where the area of working of the society is proposed to be confined.

2) All the documents to be submitted in original with the signature of chief promoter or  promoter on each page.

3) A certificate to effect that the credential of chief promoter/promoter have been verified by the registrar of cooperative society of the state where the head officer is proposed to be located.

THE APPLICATION SHALL BE SIGNED BY :-

1) In case of  multi state co-operative society in which all the members are individuals, by at least 50 persons from each states concerned.

2) In case the members of cooperative society the duly authorised representative on behalf of atleast 5 such societies as are not registered in the same state.

3) In case of multi state co-operative society or cooperative society by at least 50 persons being individual from each of the two states, one cooperative society each from two states or more or one multi state co-operative society.

I HOPE THIS WAS HELPFUL TO YOU 😃🙏❤️ THANKS FOR READING MY BLOG. FOR MORE INFORMATION READ MY OTHER BLOGS.