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

Detailed Legal Analysis

To register a cooperative housing society in Purnia under the Bihar Cooperative Societies Act, 1935, you need to follow a systematic process that involves specific steps and compliance with legal requirements.

Here’s a comprehensive guide to help you through the registration process:

• Formation of a Promoter Group: Gather at least 10 members who are willing to form the cooperative housing society. These members should be individuals who intend to reside in the society.
• Drafting the Bye-Laws: Prepare the bye-laws of the society, which should include:
  • Name and address of the society.
  • Aims and objectives.
  • Membership eligibility criteria.
  • Details regarding the management and governance structure.
  • Rules regarding meetings, voting, and financial management.
• Application for Registration: Submit an application for registration to the Registrar of Cooperative Societies in Bihar. This application should include:
  • Duly filled application form as prescribed by the Registrar.
  • Bye-laws of the society.
  • List of members along with their addresses.
  • Proof of identity and address of each member.
  • Resolution of the promoter group agreeing to form the society.
• Deposit Minimum Share Capital: Ensure that the society has a minimum share capital as per the provisions of the Bihar Cooperative Societies Act.
• Verification by Registrar: The Registrar will examine the application and the documents submitted. They may ask for additional information if necessary.
• Registration Certificate: Upon satisfactory verification, the Registrar will issue a registration certificate, which is proof of the formation of the cooperative housing society.

It is important to note that the registration process is governed by the Bihar Cooperative Societies Act, 1935, along with the rules laid down by the state government. The relevant sections include:

• Section 4: Formation of Cooperative Societies.
• Section 6: Registration of Cooperative Societies.
• Section 7: Bye-Laws of the Society.

Once registered, your cooperative housing society will be governed by the provisions of the Act, and you can proceed with the development and management of housing schemes for the members.