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

Detailed Legal Analysis

To register a cooperative housing society in Bhubaneswar, you must follow the provisions outlined in the Odisha Cooperative Societies Act, 1962, which governs the formation and registration of cooperative societies in the state.

The process involves several key steps and requirements:

• Formation of a Society: A minimum of 10 members is required to form a cooperative housing society. These members should agree to work together for mutual benefit.
• Drafting of Bye-Laws: Prepare a set of bye-laws that will govern the functioning of the society. The bye-laws must include:
  • Name of the society
  • Address of the registered office
  • Aims and objectives
  • Membership criteria and rights
  • Management structure
  • Procedure for meetings and elections
• Application for Registration: Submit an application to the Registrar of Cooperative Societies, Odisha. The application should include:
  • Completed application form (Form I as per the Odisha Cooperative Societies Rules, 1965)
  • Bye-laws of the society
  • List of members with their signatures
  • Proof of the address of the registered office
  • Resolution passed by the founding members agreeing to form the society
• Payment of Fees: Pay the prescribed registration fee along with the application. The fee structure may vary, so it is advisable to check with the local registrar.
• Verification by Registrar: Upon receiving the application, the Registrar will verify the documents. If everything is in order, the Registrar may call for further information or clarification.
• Issuance of Registration Certificate: If the application is approved, the Registrar will issue a certificate of registration, which officially recognizes the cooperative housing society as a legal entity under Section 9 of the Odisha Cooperative Societies Act, 1962.
• Compliance with Regulations: After registration, the society must comply with the provisions of the Act and maintain regular records, conduct annual meetings, and file necessary returns as mandated.

For any further assistance or clarification, consulting with a legal expert in cooperative law is advisable to ensure compliance with all legal requirements and procedures.