I want to register a cooperative society in Kohima, what are the minimum members and documents required?

Detailed Legal Analysis

To register a cooperative society in Kohima, a minimum of 10 members is required, along with specific documents and compliance with the provisions of the Nagaland Cooperative Societies Act, 1978.

Here’s a detailed breakdown of the requirements and steps to register a cooperative society in Kohima:

• Minimum Membership: At least 10 members are needed for the formation of a cooperative society in Nagaland.
• Eligibility of Members: Members should be of legal age (18 years and above) and should have a common interest.

To proceed with the registration, the following documents must be prepared and submitted:

• Application Form: A duly filled application form for registration of the cooperative society, which can usually be obtained from the Registrar’s office or their official website.
• Bylaws: Drafted bylaws of the society which should include:
  • Name of the society.
  • Aims and objectives.
  • Membership criteria.
  • Management structure.
  • Rules for the conduct of the meetings.
• List of Members: A list of the founding members with their names, addresses, and signatures.
• Proof of Identity: Identification documents of all members such as Aadhar cards or voter ID cards.
• Address Proof: A document proving the registered office address of the cooperative society.
• Deposit Amount: A nominal fee or deposit amount as prescribed under the Nagaland Cooperative Societies Act.

Once all documents are prepared, the application must be submitted to the Registrar of Cooperative Societies in Nagaland, along with the prescribed fee. The Registrar will review the application and, upon satisfaction, register the society and issue a certificate of registration under Section 9 of the Nagaland Cooperative Societies Act, 1978.

Furthermore, after registration, the society must comply with annual auditing and maintain proper records as per the provisions of the Act.