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

Detailed Legal Analysis

To register a cooperative housing society in Ranchi, you need to follow the procedures laid down under the Jharkhand Cooperative Societies Act, 2001, along with the rules specified therein.

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

• Formation of a Preliminary Committee:
  • Form a preliminary committee comprising at least 10 members who are interested in forming the society.
  • The committee should draft the society's bylaws and objectives.
• Drafting the Bylaws:
  • Prepare the bylaws that outline the rules and regulations governing the society.
  • The bylaws should include details such as membership criteria, management structure, and financial management.
• Collect Membership Applications:
  • Collect membership applications from interested individuals who wish to be part of the society.
  • Ensure that the applications are accompanied by necessary documents like identity proof and address proof.
• Application for Registration:
  • Submit the registration application to the Registrar of Cooperative Societies in Ranchi.
  • Attach the following documents with the application:
  • List of members.
  • Bylaws of the society.
  • Minutes of the first meeting.
  • Proof of payment of the registration fee.
• Registration Fee:
  • Pay the prescribed registration fee as per the Jharkhand Cooperative Societies Rules, 2004.
• Registrar’s Review:
  • The Registrar will review the application and documents submitted.
  • If everything is in order, the Registrar will issue a certificate of registration.
• Post-registration Requirements:
  • Hold an inaugural meeting to elect the managing committee.
  • Open a bank account in the name of the society.

These steps are governed by the Jharkhand Cooperative Societies Act, 2001 (Section 5 for registration of societies) and the Jharkhand Cooperative Societies Rules, 2004. It is advisable to consult with a legal expert for a smooth registration process.