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

Detailed Legal Analysis

To register a cooperative society in Nashik, you need a minimum of 10 members and several specific documents.

The registration of cooperative societies in India is governed by the Maharashtra Cooperative Societies Act, 1960. The following outlines the requirements and steps involved in the registration process:

• Minimum Members:
  • A cooperative society must have at least 10 members who are eligible to form a cooperative society as per Section 4 of the Maharashtra Cooperative Societies Act, 1960.
• Documents Required:
  • Application Form: A duly filled application form for registration in the prescribed format.
  • Bye-Laws: A draft of the Bye-laws of the society, which should outline the purpose, membership, and governance of the society. This should comply with the provisions of the Maharashtra Cooperative Societies Act.
  • List of Members: A list containing the names, addresses, and occupations of all the founding members.
  • Identity Proof: Photocopies of the identity proofs of all the members, such as Aadhar cards, PAN cards, or voter ID cards.
  • Address Proof: Proof of the registered office of the society, which can include a rental agreement or ownership document.
  • Affidavit: An affidavit declaring that the members are not members of any other cooperative society, if applicable.
  • Resolution: A resolution passed by the founding members indicating their intention to form the society.
• Application Submission:
  • Submit the application along with all the required documents to the Registrar of Cooperative Societies in Nashik.
  • Pay the prescribed registration fee, which varies based on the type of society.
• Registration Process:
  • The Registrar will review the application and documents. If everything is in order, the society will be registered.
  • A registration certificate will be issued, confirming the establishment of the cooperative society.

After registration, the cooperative society must comply with ongoing regulatory requirements, including annual audits and adherence to the cooperative principles as outlined in the Maharashtra Cooperative Societies Act, 1960.