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

Detailed Legal Analysis

To register a cooperative housing society in Chennai under the Tamil Nadu Cooperative Societies Act, 1983, you must follow a systematic process involving specific requirements and documentation.

Here’s a step-by-step guide on how to register a cooperative housing society:

• Formation of a Promoter Group: Gather a minimum of 10 members who are willing to form the cooperative housing society. These members should be individuals who wish to reside within the society.
• Drafting of Bye-Laws: Prepare the bye-laws of the society which should adhere to the model bye-laws provided by the Registrar. The bye-laws must cover:
  • Name of the society.
  • Objectives of the society.
  • Membership eligibility.
  • Management structure.
  • Rights and duties of members.
• Application for Registration: Submit an application for registration to the Registrar of Cooperative Societies in Chennai. The application should include:
  • Completed application form.
  • List of the founding members with their details.
  • Signed bye-laws.
  • Proof of ownership of the land or property.
  • Resolution passed by the members to form a society.
• Payment of Fees: Pay the prescribed registration fees as per the Tamil Nadu Cooperative Societies Act, 1983. Ensure to keep the receipt for future reference.
• Verification Process: The Registrar will verify the submitted documents and may call for any additional information or clarification required.
• Registration Certificate: Upon successful verification, the Registrar will issue a Certificate of Registration, which gives the society legal recognition and the ability to operate as a cooperative housing society.

It is important to note that the registration process is governed by the Tamil Nadu Cooperative Societies Act, 1983 (Act No. 30 of 1983). Specifically, Sections 4 to 6 outline the registration process, requirements, and powers of the Registrar.

Once registered, the cooperative housing society must comply with periodic filing requirements and adhere to the provisions of the Act and its bye-laws to maintain its legal standing.