Finco Solutions : Multistate Cooperative Society Registration

Multistate Co-operative Registration

Multistate Co-operative Registration including Incorporation kit and share certificates.

What is Multi State Co-operative Society?

A Multi-State Cooperative Society (MSCS) is a cooperative society that operates in multiple states across India. Cooperative societies are organizations formed by individuals with common interests to pool their resources for mutual benefit. They are governed by the Cooperative Societies Act of the respective state in which they operate.

Multi-State Cooperative Societies are governed by the MSCS Act, 2002, which was enacted to facilitate the incorporation, regulation, and proper management of cooperative societies operating in more than one state. These societies can engage in various activities such as agriculture, industry, handicrafts, and services.

MULTISTATE CO-OPERATIVE SOCIETY

Registration & Licencing

Registration & Licencing for Credit Society, Group Housing Society, Consumer Co-operative Society, marketing co-operative society.

Legal Advisory

Our Hospital management software is fully safe and secure at every end we use AWS database which is best in industry.

Amendment & Election

As per MSCS Act 2002, you cannot start anything new in your society until your bye-laws are amended. Elections also play a major role in MSCS, so we handle your election procedures and amendments.

Credit Society to Bank

In the co-operative banking hierarchy of Primary, Central, and State co-operative banks, several banks including....

Loan for your society via Nabard

We help you arrange loans from different institutions like NABARD, NCHF, NCDC, and others. Societies like Agro and Housing can benefit.

Types of Multi-State Co-Operative Society

HOUSING CO-OP. SOCIETY

AGRICULTURAL CO-OP. SOCIETY

CREDIT CO-OP. SOCIETY

MARKETING CO-OP. SOCIETY

An application for registration of a Multi-State Cooperative society shall be made in the prescribed form

The application shall be signed by

In the case of a multi-state Cooperative society of which all the members are individuals, by at least fifty persons from each of the states concerned.

In case the members are Cooperative Societies, by duly authorised representatives on behalf of at least five such societies as are not registered in the same state;

In case the members are other Multi-State Cooperative Societies and other Cooperative Societies, by duly authorised representatives of each of such societies; However, not less than two of the co-operative societies referred to in this clause, shall be such as are not registered in the same State.

If the members are cooperative societies or multi-state Cooperative societies and individuals, by at least (i) fifty persons, being individuals from each of the two states or more and; (ii) one Cooperative society each from two states or more or one Multi-state Cooperative society.

The application shall be accompanied by

four copies of the proposed Bye-laws.of the Multistate cooperative society.,duly signed by each of the persons who sign the application.

Name of the proposed multi-state cooperative society.

Head Quarters and address to be registered.

A list of persons who have contributed to the share capital, together with the amount contributed by each of them, and the admission fee paid by them.

A certificate from the Bank or banks stating the credit balance in favour of the proposed multistate cooperative society.

A scheme showing the details explaining how the working of the multi-State co-operative society will be economically sound and the registration of such multi-State co-operative society will be beneficial for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles

Certified copy of the resolution of the promoters which shall specify the name and address of one of the applicants to whom the Central Registrar may address correspondence under the rules before registration and dispatch or hand over registration documents.

Types of Multi State Cooperative Society

In India, Multi-State Cooperative Societies (MSCS) can be classified into various types based on their primary objectives, activities, and membership. Here are some common types of Multi-State Cooperative Societies:

Agricultural Multi-State Cooperative Societies

These societies are formed to promote agricultural activities, provide agricultural inputs, offer credit facilities, facilitate marketing of agricultural produce, and promote modern agricultural practices among members across multiple states.

Credit Multi-State Cooperative Societies

Also known as credit unions or cooperative banks, these societies are established to provide financial services such as savings, loans, and other banking facilities to their members across multiple states. They focus on promoting thrift and financial inclusion among their members.

Consumer Multi-State Cooperative Societies

These societies are established to cater to the needs of consumers by providing goods and services at reasonable prices. They focus on promoting consumer welfare and ensuring the availability of essential items to their members across different states.

Marketing Multi-State Cooperative Societies

These societies are formed to handle marketing activities for the produce or products of their members. They facilitate better marketing opportunities, negotiate better prices, and ensure that the members' goods reach wider markets.