multi state Cooperative society
                     Multi State 
Cooperative Society 
License 
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ABOUT
• An Act to consolidate and amend the law 
relating to co-operative societies, with objects 
not confined to one State and serving the 
interests of members in more than one State, 
to facilitate the voluntary formation and 
democratic functioning of co-operatives as 
people's institutions based on self-help and 
mutual aid and to enable them to promote 
their economic and social betterment and to 
provide functional autonomy ,was being felt 
necessary by the various cooperative 
societies, and federation of various 
cooperative societies as well as by the 
Government
 Types of a Multi-State Co-
operative Society
Credit co-operative society.
Housing co-operative 
society.
Agriculture co-operative 
society.
Marketing co-operative 
society.
Characteristics of Multi-State Co-
operative Society Registration
• Open Membership
• Co-operative Society Membership is open to all those who have a common interest. Minimum 10 
members are required to form a Society. Maximum number of members is not specified under 
Co-operative Societies Act. However member may specify the maximum number of members 
after the formation of the Society.
• State control
• Co-operative Societies are placed under state control for Registration to protect the interest of 
the members. Society has to submit the details of the members while getting registered. Books of 
accounts are required to be maintained which are required to be audited by Government 
Auditors.
• Democratic management
• Co-operative Societies are managed by a group known as "Board of Directors". Board of 
Directors are the elected representatives of the Society. Irrespective of the number of shares 
held, each member has a single vote.
• Voluntary association
• Members can voluntarily join Co-operative Society. A member can leave the Society at will.
• Service motive
• Like other forms of business organization, Co-operatives are not formed to maximise profit. Its 
main objective is to provide service to its members.
• Separate legal entity
• After Registration under Co-operative Societies Act, a Co-operative Society becomes a separate 
legal entity, with limited liability of its members. Death, insolvency or lunacy of a member will not 
affect the existence of a Society. The members can enter into Agreements with others and can 
purchase or sell properties under its own name.
• Distribution of surplus
• Co-operative Society also generates some profit while conducting business in addition to 
providing services to its members. Profits are not earned at the cost of its members. Unlike 
Companies, profit generated is not distributed to its members on the basis of the shares held by 
them but on the basis of their participation in the business.
• Self-help through mutual cooperation
• The main principle of Co-operative Societies is mutual help. They are formed for the financially 
weaker sections of Society. By adopting the principle of self-help through mutual co-operation, 
Co-operative Societies convert the weakness of members into strength.
Multi-State Cooperative Society a body 
corporate
• Section 9 lays down that registration of Multi-State Cooperative Society 
render it a body corporate which shall be/have-
Documents required for Co-operative 
Society registration
• Form A must be accompanied with 
statement A in addition to Registration 
Application in quadruplicate and must be 
signed by 90% of the Promoter members.
• List of Promoter members.
• Bank Certificate.
• A detailed explanation of working of the 
Society.
• 4 copies of proposed bye-laws of the 
Society.
• Proof of payment of Registration charges.
• Other documents such as Affidavits, 
Indemnity Bonds, any documents specified 
by Registrar are also required to be 
submitted.
• Registrar will enter the particulars in 
register of Application maintained in Form 
“B”, give serial number and issue receipt in 
acknowledgment of the same.
• On Registration, Registrar will notify the 
Registration of the Society in the Official 
Gazette and issue Registration Certificate.

Required additional documents 
• No objection Certificate from the 
Registrar of Cooperative 
Societies of the States/U.T. 
where the area of operation of 
the society is proposed to be 
confined.
• A certificate to the effect that the 
credentials of the Chief 
Promoter/Promoters have been 
verified by the Registrar of Co-
operative Societies of the state 
where the head office is 
proposed to be located.
Register a Multi State Credit 
Co-operative Society
• Model Bye-Laws (four copies).
• Intensive inquiry letters for NOC.
• List of Promoter members.
• Min 7 board members and maximum 21 
board members.
• Minimum 50 members from each state at 
least two states.
• Copy of pre-registration meetings 
resolution (about board, Capital, members, 
operations, i.e.).
• Proposed name of your multi-state cooperative society.
• Head office address to be registered.
• A certificate from the Bank stating the credit balance in 
favor of the proposed multi-state credit co-operative 
society.
• A detailed plan that how credit co-operative 
society will be beneficial for the social and economic 
betterment of its members and community as a whole.

 Fund in a Multi-State Credit 
Co-operative Society
• A Multi-sate co-operative society can accept 
deposits not more than the ten times of the 
paid up share capital and net reserves in a 
financial year.
• A multi-State co-operative society can issue 
non-convertible debentures to the extent of 
twenty-five per cent of its paid-up share 
capital.
• A raise fund thru allotment of equity shares.
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and also list empty office space. 
www.licensehub.in we are providing more than 150 license and approval services on 
one platform. Contact Paras Mittal, Mb 9971002715.
Annual Compliance
NOTICE
RESOLUTION 
MINUTES BOOK
QUORUMS
BALANCE SHEET
ELECTION
MSCS WEBSITE

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