Get the free Jharkhand Self Supporting Cooperative Societies Act, 1996

An Act to provide for the voluntary formation of Cooperative Societies as accountable, competitive, self-reliant business enterprises for the economic and social betterment of their members.

How to fill out jharkhand self supporting cooperative

How to fill out Jharkhand Self Supporting Cooperative Societies Act, 1996

1. Obtain the application form for registration of the society.
2. Fill out the form with necessary details such as society name, objectives, and address.
3. Prepare a list of the founding members including their names, addresses, and occupations.
4. Draft the bylaws of the society detailing its governance rules and membership requirements.
5. Ensure that at least 10 members sign the application form as required by the act.
6. Pay the requisite registration fee as defined under the act.
7. Submit the completed application form along with the necessary documents to the Registrar of Cooperative Societies.
8. Await verification from the Registrar and respond to any queries if needed.
9. Upon approval, obtain the registration certificate from the Registrar.

Who needs Jharkhand Self Supporting Cooperative Societies Act, 1996?

1. Individuals looking to form a self-supporting cooperative society in Jharkhand.
2. Entrepreneurs seeking to establish a cooperative for mutual benefit and economic support.
3. Members of communities wanting to organize and manage resources together.
4. Organizations aiming to serve specific goals through cooperative efforts under the legal framework.

People Also Ask about

What is the formation of cooperative societies regulated as per the Indian cooperative Act of?

Cooperative Societies Act, 1912 With the developments in terms of growth in the number of cooperatives, far exceeding anticipation, the Cooperative Societies Act of 1912 became a necessity and cooperatives could be organized under this Act for providing non-credit services to their members.

What is the maximum borrowing power of the co operative society?

The total borrowings of the Society both by way of deposits or otherwise and whether from members or others shall not at any time exceed thirty times the paid up share Capital Plus Reserve Fund.

How many people are in a cooperative?

1 billion people are members of cooperatives worldwide. 1 in 3 Americans are co-op members holding 350 million co-op memberships worldwide.

How many members can be in a cooperative?

Minimum 5 natural persons 2 juristic persons or a combination of any 5 persons.

How many members should be in a society?

The General Body will comprise of a minimum of seven (7) Members. Provided that the President of the Society shall not be a Member of the General Body during his tenure of service as the President, unless the General Body permits otherwise.

What is the maximum number of people in a cooperative?

There should be minimum of 15 members to for cooperative society but there is no maximum limit for the membership. Separate legal entity: A cooperative society after registration is recognized as separate legal entity by law.

What are the 10 best credit cooperative societies in India?

Top 10 Multi-State Cooperative Societies in India Ranked RankName of Cooperative Society 1 Bharat Agro Multi-State Cooperative Society Limited 2 GreenField Housing Multi-State Cooperative Society Limited 3 Kisan Uday Multi-State Cooperative Society Limited 4 Suryoday Credit Cooperative Society Limited6 more rows • Feb 19, 2025

What are the minimum and maximum members in a cooperative society?

A minimum of ten members are required to form a cooperative society. The Co operative societies Act do not specify the maximum number of members for any co-operative society. However, after the formation of the society, the member may specify the maximum number of members.

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What is Jharkhand Self Supporting Cooperative Societies Act, 1996?

The Jharkhand Self Supporting Cooperative Societies Act, 1996 is legislation that governs the formation, operation, and regulation of self-supporting cooperative societies in the state of Jharkhand, India. It aims to promote cooperative principles and facilitate the establishment of societies that are financially independent.

Who is required to file Jharkhand Self Supporting Cooperative Societies Act, 1996?

Individuals or groups wishing to establish a self-supporting cooperative society in Jharkhand are required to file under the Jharkhand Self Supporting Cooperative Societies Act, 1996. This typically includes a minimum number of members who meet the prescribed criteria for formation.

How to fill out Jharkhand Self Supporting Cooperative Societies Act, 1996?

To fill out the required documentation under the Jharkhand Self Supporting Cooperative Societies Act, 1996, one must prepare an application form detailing the society's objectives, list of members, bylaws, and other relevant information. This form must be submitted to the designated authority along with any necessary fees.

What is the purpose of Jharkhand Self Supporting Cooperative Societies Act, 1996?

The purpose of the Jharkhand Self Supporting Cooperative Societies Act, 1996 is to facilitate the establishment of cooperative societies that operate on a self-supporting financial model. It aims to empower communities through cooperation, promote self-reliance, and enhance economic development within the state.

What information must be reported on Jharkhand Self Supporting Cooperative Societies Act, 1996?

Information that must be reported under the Jharkhand Self Supporting Cooperative Societies Act, 1996 includes the society's name, objectives, registration details, list of members, financial statements, bylaws, and any changes in membership or governance of the society.