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

Detailed Legal Analysis

To register a cooperative society in Rourkela, you need a minimum of 10 members and specific documents as per the Odisha Cooperative Societies Act, 1962.

The registration process is governed by the Odisha Cooperative Societies Act, 1962, which outlines the requirements and procedures for establishing a cooperative society in the state. Below are the key points regarding the minimum members and necessary documents for registration:

• Minimum Members: A cooperative society in Odisha must consist of at least 10 members who are eligible to join as per the objectives of the society.

The members should be individuals who are of legal age (18 years and above), and they should have a common interest that the cooperative society aims to promote.

• Documents Required for Registration:
• Application Form: A duly filled application form for registration of the society, which can often be obtained from the registrar's office or its official website.
• Memorandum of Association: A document stating the name, objectives, and address of the society. This should be signed by all members.
• Bylaws of the Society: Detailed rules governing the society's operations, including membership criteria, rights and duties of members, management structure, and profit distribution.
• Identity Proof: Copies of identity proof (like Aadhar card, voter ID, or passport) of all the founding members.
• Address Proof: Proof of the registered office address of the society, such as a rental agreement or utility bill.
• Resolution for Registration: A resolution signed by the members agreeing to form the society.
• Deposit of Fees: Payment of the prescribed registration fee as per the rules laid down by the Registrar of Cooperative Societies.

After compiling all the necessary documents, the application must be submitted to the Registrar of Cooperative Societies in Odisha. The Registrar will review the application and, upon satisfaction with the documentation and compliance with the Act, will issue a certificate of registration. This process is outlined under Section 6 of the Odisha Cooperative Societies Act, 1962.

Once registered, the cooperative society will gain legal recognition and can commence its activities in accordance with its bylaws and the provisions of the applicable laws.