80g | 12a

A cooperative  society means, a general public enrolled or considered to be enlisted under any law identifying with agreeable social orders for the present in power in any State or under the Central demonstration. 

Helpful social orders may be legislated by the individual State agreeable social orders Act or by the Multi-State Cooperative Societies Act, 2002. The social orders whose primary destination is to serve the investment of its parts in a specific State, are legislated by the Cooperative Societies Act of that specific State. While, a Society whose principle targets is to serve the diversions of its parts in more than one State, are legislated by the Multi-State Cooperative Societies Act, 2002 .

The Multi-State Cooperative Societies Act, 2002 which substitutes the prior statute of 1984, encourages the consolidation of helpful social orders whose articles and capacities spread over to a few states. The Act accommodates establishment of both essential (with both individual and institutional parts) and elected cooperatives (with just institutional participation).

 

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.

 

1) Liability of the members shall be limited to the share capital subscribed by them; 

2) (i) In the case of a past member, on the date on which he ceased to be a member; 

(ii) In the case of a deceased member, on the date of his death.