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

Detailed Legal Analysis

To register a cooperative housing society in Kannur, you must follow the procedures laid out under the Kerala Cooperative Societies Act, 1969, which governs the formation and registration of cooperative societies in the state.

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

• Formation of a Promoter Group: A minimum of 10 individuals who are willing to become members of the society must come together. These individuals should be of legal age and capable of entering into contracts.
• Drafting a Memorandum and Rules:
  • The Memorandum of Association should contain the name, address, and objectives of the society. It must outline the purpose, which should be focused on housing and related activities.
  • The Rules should govern the internal management of the society, including member rights, duties, and the procedure for meetings.
• Application for Registration:
  • Submit an application in the prescribed format to the Registrar of Cooperative Societies in Kannur.
  • The application should include the signed Memorandum and Rules, a list of members, and details of the proposed society's activities.
• Payment of Registration Fees: Pay the requisite registration fees as stipulated under the Kerala Cooperative Societies Act. The fee varies based on the society's authorized capital.
• Verification Process: The Registrar will review the application and documents submitted. They may conduct an inspection or call for further information if necessary.
• Grant of Registration: If satisfied with the application, the Registrar will issue a Certificate of Registration which officially establishes the cooperative housing society.
• Post-Registration Obligations:
  • Hold an inaugural meeting to elect a managing committee.
  • Open a bank account in the name of the society.
  • Comply with periodic filing requirements as mandated by the Kerala Cooperative Societies Act.

It's important to consult legal experts or cooperative society consultants to ensure compliance with all statutory requirements and to assist in the drafting of necessary documents.

For reference, you may consult the Kerala Cooperative Societies Act, 1969, particularly Sections 4 (Registration of cooperative societies) and 6 (Contents of the memorandum).