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

Detailed Legal Analysis

To register a cooperative society in Purnia, you need a minimum of 10 members and specific documents as stipulated by the Bihar Cooperative Societies Act, 1935.

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

• Minimum Members: A minimum of 10 individuals is required to form a cooperative society as per Section 4 of the Bihar Cooperative Societies Act, 1935.
• Eligibility of Members: All members must be of legal age (18 years or above) and have the capacity to enter into a contract.

The following documents are essential for the registration process:

• Application Form: A duly filled application form for registration, which can be obtained from the Registrar of Cooperative Societies.
• Bylaws: A set of bylaws or rules governing the cooperative society must be drafted and submitted. These should include the objectives, membership criteria, and management structure.
• List of Members: A list of the founding members with their names, addresses, and signatures.
• Resolution: A resolution passed by the founding members agreeing to form a cooperative society.
• Address Proof: Proof of the registered office of the society, which could be a rent agreement or ownership documents.
• Identity Proof: Photocopies of identity proof (Aadhaar card, voter ID, etc.) for each member.

Once you have prepared the necessary documents, you must submit them to the Registrar of Cooperative Societies in Bihar for approval. After reviewing the application and documents, the Registrar will issue a Certificate of Registration if all requirements are met.

It is advisable to consult with a legal expert or a consultant specialized in cooperative societies to ensure compliance with all legal requirements and to navigate any complexities in the registration process.

For more detailed information, refer to the Bihar Cooperative Societies Act, 1935, particularly Sections 4 and 5 regarding the formation and registration of cooperative societies.