How do I register a cooperative housing society in Vasco da Gama under the state cooperative societies act?

Detailed Legal Analysis

To register a cooperative housing society in Vasco da Gama, you must follow the procedure laid down under the Goa Cooperative Societies Act, 2001.

The registration process is governed by the following steps:

• Formation of the Society: At least 10 individuals who are willing to become members of the society should come together and draft a proposed set of bylaws.
• Drafting a Memorandum: Create a Memorandum of Association that outlines the objectives, name, address, and the area of operation of the cooperative housing society.
• Bylaws of the Society: Prepare the bylaws of the society, which should include details like membership criteria, rights and duties of members, and the procedure for meetings and elections.
• Application for Registration: Submit an application for registration to the Registrar of Cooperative Societies in Goa. This application must include the Memorandum and Bylaws, along with the names and addresses of the members.
• Payment of Fees: Pay the requisite registration fees as specified under the Goa Cooperative Societies Act, 2001.
• Verification by Registrar: The Registrar will verify the documents. If everything is in order, the registration will be granted.
• Issuance of Certificate: Upon approval, the Registrar will issue a Certificate of Registration, making the cooperative housing society a legal entity.

Key points to keep in mind:

• The society must have its name ending with “Cooperative Housing Society Ltd.”
• All members must be above the age of 18 years and should not be disqualified under any law for membership.
• It is advisable to maintain transparency and ensure all records are available for scrutiny during the registration process.
• Once registered, the society will be governed by the provisions of the Goa Cooperative Societies Act, 2001, and the Rules framed thereunder.

Relevant laws include:

• Goa Cooperative Societies Act, 2001 (Goa Act No. 36 of 2001)
• Section 5 of the Act outlines the eligibility for registration of cooperative societies.
• Section 10 describes the registration process in detail.

Following these steps will ensure a smooth registration process for your cooperative housing society in Vasco da Gama.