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

Detailed Legal Analysis

To register a cooperative housing society in Jamshedpur, you need to follow the provisions of the Bihar Cooperative Societies Act, 1935, as Jharkhand follows this Act for cooperative societies. The registration process involves several steps, documentation, and compliance with specific requirements.

Here are the steps and requirements for registering a cooperative housing society:

• Formation of a Promoter Group: A minimum of 10 individuals is required to form a cooperative housing society. These individuals should be prospective members who will reside in the housing society.
• Drafting of Bye-Laws: Prepare the bye-laws of the society which should include:
  • Name and address of the society.
  • Aims and objectives of the society.
  • Membership eligibility criteria.
  • Details on the management structure and election of office bearers.
  • Rules regarding the conduct of meetings and financial management.
• Application for Registration: Submit an application for registration to the Registrar of Cooperative Societies. The application should include:
  • Completed application form (available at the office of the Registrar).
  • Bye-laws of the society.
  • List of the founding members along with their signatures.
  • Proof of identity and address of the members.
  • Details of the proposed housing project (if applicable).
• Payment of Fees: Pay the requisite registration fee as prescribed under the Bihar Cooperative Societies Act, 1935. The exact fee may vary based on the size and type of the society.
• Verification and Approval: The Registrar will verify the application and documents. If everything is in order, the Registrar will approve the application and issue a registration certificate.
• Formation of Governing Body: After registration, conduct an election to form the governing body (managing committee) of the society as per the bye-laws.

It's crucial to adhere to the provisions laid out in the Bihar Cooperative Societies Act, 1935 (Sections 4-11 for registration), along with any guidelines from the Jharkhand State Government concerning cooperative societies. Additionally, ensure compliance with local laws and regulations specific to Jamshedpur.