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

Detailed Legal Analysis

To register a cooperative society in Ujjain, Madhya Pradesh, a minimum of 10 members is required, along with specific documents and adherence to the provisions of the Madhya Pradesh Cooperative Societies Act, 1960.

Here are the detailed requirements for registering a cooperative society:

• Minimum Members: A cooperative society must consist of at least 10 members who are willing to contribute to the society's objectives.
• Documents Required:
  • Application form for registration, which can usually be obtained from the Registrar of Cooperative Societies.
  • Draft of the bye-laws of the society, which should include the objectives, membership, rights, and responsibilities of members, and the procedure for meetings.
  • List of members along with their names, addresses, and signatures.
  • Proof of identity and address for each member, such as Aadhar cards, voter ID, or utility bills.
  • Affidavit confirming the details provided in the application are true and correct.
  • Resolution passed by the members agreeing to form a cooperative society.
• Procedure for Registration:
  • Prepare the application form and gather all required documents.
  • Submit the application along with the documents to the Registrar of Cooperative Societies in Madhya Pradesh.
  • The Registrar will review the application and documents for compliance with the Madhya Pradesh Cooperative Societies Act, 1960.
  • Once approved, the Registrar will issue a certificate of registration, officially recognizing the cooperative society.
• Relevant Laws:
  • Madhya Pradesh Cooperative Societies Act, 1960.
  • Section 4 of the Act - deals with the requirements for registration of a cooperative society.
  • Section 5 - describes the procedure for registration and the powers of the Registrar.

For specific legal advice or assistance, it is advisable to consult with a legal professional or a chartered accountant who specializes in cooperative societies.