Get the free The Bihar 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 members in Bihar.

How to fill out form bihar self-supporting cooperative

How to fill out The Bihar Self-Supporting Cooperative Societies Act, 1996

1. Obtain a copy of The Bihar Self-Supporting Cooperative Societies Act, 1996 from the official government website or legal repository.
2. Review the Act to understand its objectives, definitions, and provisions thoroughly.
3. Identify the type of cooperative society you wish to establish (e.g., consumer, producer, etc.).
4. Prepare a memorandum of association and rules for the cooperative society as per the guidelines laid out in the Act.
5. Assemble a group of individuals (minimum required number as stipulated in the Act) who are interested in forming the cooperative.
6. Conduct a meeting with the interested members to discuss and agree upon the objectives and operations of the cooperative.
7. Fill out the necessary application forms for registration, including details of the proposed name, objectives, and members.
8. Submit the completed application along with the required documents (e.g., identity proofs, address proofs of members, and the memorandum of association) to the Registrar of Cooperative Societies.
9. Pay the requisite registration fee as specified in the regulations of the Act.
10. Await verification and approval from the Registrar, and receive the registration certificate upon successful approval.

Who needs The Bihar Self-Supporting Cooperative Societies Act, 1996?

1. Individuals or groups wanting to form a cooperative society in Bihar.
2. Entrepreneurs looking to collaborate for mutual benefit through self-supporting cooperatives.
3. Local communities seeking to pool resources and skills for collective economic development.
4. Farmers and producers aiming to enhance their bargaining power and profitability through cooperative marketing.
5. Businesses interested in forming a cooperative structure to operate collectively.

People Also Ask about

What are the 7 principles and practices of cooperative?

Cooperative Principles Voluntary and Open Membership. Democratic Member Control. Member Economic Participation. Autonomy and Independence. Education, Training and Information. Cooperation among Cooperatives. Concern for Community.

What does the 7th cooperative principle concern for community really mean?

7th Principle: Concern for Community. Cooperatives work for the sustainable development of their communities through policies approved by their members. Genuine concern for our community and the commitment to make it thrive is second nature as a cooperative business.

What are the 7 principles of cooperative pdf?

COOPERATIVE VALUES Cooperatives are bases on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity. In the tradition of their founders, cooperative members believe in the ethical values of honesty, openness, social responsibility and caring for others.

What is the Cooperative society Act in India?

Cooperative societies are required to be registered under the Cooperative Societies Act of 1912 as a legal entity. The members of society work together and raise capital among themselves.

What are the rules for society registration in Bihar?

Documents Required Bye-laws duly signed by the members along with the seal of the first three members, i.e., President, General Secretary and Treasurer. Memorandum of Association. Address of village/ward/house number, if any, of all the executive members and office-bearers.

Is Bihar State Cooperative Bank private or government?

The Bihar State Cooperative Bank is located in Patna and is a private entity. It was founded in 1914.

What are the 7 principles of cooperative society?

Cooperatives are also based on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity. Cooperative members believe in the ethical values of honesty, openness, social responsibility, and caring for others.

What are the pillars of cooperative?

The complete Cooperative Governance Model consists of Four Pillars of Cooperative Governance (Democracy, Accountable empowerment, Teaming, and Strategic Leadership) that apply to each of four roles (member owners, board, CEO/GM, and staff).

For pdfFiller’s FAQs

What is The Bihar Self-Supporting Cooperative Societies Act, 1996?

The Bihar Self-Supporting Cooperative Societies Act, 1996 is legislation that governs the formation, management, and operation of self-supporting cooperative societies in the state of Bihar, India, aimed at promoting cooperative enterprises.

Who is required to file The Bihar Self-Supporting Cooperative Societies Act, 1996?

Individuals or groups intending to establish a self-supporting cooperative society in Bihar must file under The Bihar Self-Supporting Cooperative Societies Act, 1996.

How to fill out The Bihar Self-Supporting Cooperative Societies Act, 1996?

To fill out The Bihar Self-Supporting Cooperative Societies Act, 1996, one must complete the prescribed application form with necessary details regarding the society's objectives, membership, and governance structure, and then submit it to the appropriate authority.

What is the purpose of The Bihar Self-Supporting Cooperative Societies Act, 1996?

The purpose of The Bihar Self-Supporting Cooperative Societies Act, 1996 is to promote self-reliance and economic development through the establishment of cooperative societies that operate on democratic principles and mutual assistance.

What information must be reported on The Bihar Self-Supporting Cooperative Societies Act, 1996?

The information reported must include the society's name, objectives, registered office address, details of the members, governing body structure, and financial statements as required by the Act.