Multi-State Cooperative Society has been defined under section 3(p) of MSCS Act 2002. It says that “multi-State co-operative society” means a society registered or deemed to be registered under this Act and includes a national co-operative society and a Federal co-operative.” The Act provides for the formation of both the types of cooperative societies viz primary (with both individual and institutional members) and Federal Cooperatives (with only institutional membership). The main objectives of the society are to work in the interest and welfare of its members in more than one state. It is not necessary that a society should have branches in more than one state, it may have branches limited to one state and it shall not cease to be a multi-state co-operative society, so long as it serves the interest of members in more than one state.
Features of a Cooperative Society
The documents required from the founde members fo are:
Documents required of the proposed registered address are as follows:
Multi State Co-Operative Society registration process can be completed in around 50-60 working days after all document received completely from customer side; as follows:-
The procedure for registration of Multi-State Cooperative Society has been prescribed in the MSCS Act 2002. Section 5 of the Act lays down that No multi-State co-operative society shall be registered under this Act unless its main objects are to serve the interests of members in more than one state and its bye-laws provide for the social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles. Section 6 of MSCS Act 2002 provides for application of registration which shall be made to the Central Registrar in such form and with such particulars as may be prescribed. The application shall be signed:
Step 1: In the case of a multi-State co-operative society of which all the members are individuals, by at least fifty persons from each of the state concerned;
Step 2: In the case of a multi-State co-operative society of which the members are co-operative societies, by duly authorized representatives on behalf of at least five such societies as are not registered in the same state.
Step 3: In the case of a multi-State co-operative society of which another multi-State co-operative society and other co-operative societies are members, by duly authorized representatives of each of such societies: Provided that not less than two of the co-operative societies referred to in this clause, shall be such as are not registered in the same state;
Step 4: In the case of a multi-State co-operative society of which the members are co-operative societies or multi-State co-operative societies and individuals, by at least,
fifty persons, being individuals, from each of the two states or more; and
one co-operative society each from two states or more or one multi-State co-operative society.
A multi-state Cooperative Society means a society registered or deemed to be registered under the Multi-State Cooperative Societies Act, 2002 and includes a national Cooperative society or a Federal Cooperative.
National Cooperative Union of India (NCUI) and National Cooperative Development Corporation (NCDC) are the important agencies working for promotion of cooperative movement in India.
Laws regulating Cooperative Societies in India are: (a) State Cooperative Societies Acts of individual states (b) Multi-State Cooperative Societies Act, 2002 for the multi-state Cooperative societies with Area of operation in more than one State.
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