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Website: http://www.multistatesociety.

in

Crystal vision
Address:

Crystal Vision, Office number 204, 45B,Hasanpur Main Road,1st Floor,I.P. Extension,Patparganj,Delhi -110092.

Contact:9711105597

www.multistatesociety.in

What is multi state cooperative society?

The multi state cooperative society with objects not confined to one state and serving the interests of members in more than one state for social and economic betterment of its members

through self-help and mutual aid in accordance with the cooperative principles are considered Multi State Cooperative Society.

Requirements for multi state cooperative society


1.

Information of 50 members form each state with two states minimum. Kindly download this form and fill up their details.

Form1 you can download from this link (www.multistatesociety.in ). You can take its separate printouts but please keep the sets of different states separate.

You can keep more number of states as well but each additional state require a minimum of 50 members from that state.

2. Proposed

name of your multi state cooperative society. 3. Your area of operation: Mention the names of the states where you want to work.

Benefits of multi state cooperative society


You

can do the FD, RD deposits, give loans to members. You can do all types of money marketing or financial work.

Documents filed in ministry every year for multi state cooperative society
The

documents filed in the ministry are AGM , Resolution , Notice , Quorums, Audit Report etc.

Limit of business in multi state cooperative society.

The limit of business in multi state cooperative society is 10 times the subscribed share capital from external sources but for the members there is no restriction for loans and deposits.

Area of operation of multi state co-operative society.


Minimum

number of states required are two. You can keep more than 2 states but each additional state requires 50 member details from each state along with the address proofs of the members.

Who can become a member of multi state cooperative society.

Ordinary member (Voting right) Nominal member (No voting right). Corporate body (PVT LTD. Company, PUBLIC LTD. Company , Company) as a nominal member.

When can a multi state society apply for amendment?


If there is a change of address. If the society wants to increase its area of operation.

If the society wants to increase its objectives. If the society wants to change its name. If there is a new rule and the society wants to amend its byelaws.

New 97th Constitutional Amendment Act 2011.

2 ladies in governing body are must. 1 extra member of either sc/st is compulsory in the governing body list.

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