How to Register a Cooperative Society in India: Step-by-Step Guide
Registering a cooperative society in India is a structured process under the Cooperative Societies Act (varies by state). Here’s a simplified step-by-step guide. Step 1: Minimum Members A minimum of 10 adult members with a common economic interest is required. Step 2: Choose a Name & Type Select a unique name and decide the society...
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What is a Cooperative Society?
A Cooperative Society is a group of people who come together voluntarily to achieve a common goal. The main purpose of such societies is not to earn big profits, but to help members by working collectively. Cooperatives are built on the idea of “unity is strength.”MeaningIn simple terms, a cooperative society is an organization formed...
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Rights and Duties of Members in a Cooperative Society
When you join a cooperative society, you don’t just get benefits—you also accept responsibilities. Let’s understand the rights and duties of every member in simple terms.Rights of Members 1. Right to Vote – Each member has one vote in the Annual General Meeting (AGM).2. Right to Participate – Members can attend AGMs, raise issues, and...
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