How do I register a cooperative housing society in Allahabad under the state cooperative societies act?

Detailed Legal Analysis

To register a cooperative housing society in Allahabad, you must follow the procedures outlined in the Uttar Pradesh Cooperative Societies Act, 1965.

The registration of a cooperative housing society involves several key steps and requirements:

• Formation of a Promoter Group: A minimum of 10 adult individuals (who are eligible to be members) should come together to form the society.
• Drafting the Bye-Laws: Prepare the bye-laws of the cooperative housing society, which should include the objectives, membership rules, management structure, and other operational guidelines. The bye-laws must comply with the provisions of the Uttar Pradesh Cooperative Societies Act, 1965.
• Submission of Application: Submit an application for registration to the Registrar of Cooperative Societies in Allahabad. The application must include:
  • Names, addresses, and signatures of the founding members.
  • Two copies of the proposed bye-laws.
  • A list of proposed members.
  • A declaration form signed by the founding members.
• Payment of Registration Fee: Pay the prescribed registration fee, which varies based on the society's authorized share capital.
• Verification: The Registrar will review the application and may conduct a verification process to ensure compliance with the Act and the bye-laws. This may include checking the documents and possibly interviewing the founding members.
• Grant of Registration: If satisfied, the Registrar will issue a certificate of registration, which signifies the establishment of the cooperative housing society. This will be under Section 9 of the Uttar Pradesh Cooperative Societies Act, 1965.

After registration, the society must adhere to ongoing compliance requirements, such as holding annual general meetings, maintaining proper accounts, and filing annual returns with the Registrar, as stipulated under various sections of the Uttar Pradesh Cooperative Societies Act, 1965.

Overall, forming a cooperative housing society in Allahabad requires careful adherence to legal procedures and timely compliance with all regulatory obligations as outlined in the relevant laws.