Mutli state co operative society

Mutli State Co-Mutli State Co-Operative SocietyOperative Society

Website:- Website:- http://www.multistatesocities.inhttp://www.multistatesocities.in

CRYSTAL VISIONCRYSTAL VISION

Address:Address:

Crystal vision , Room no.-204,Crystal vision , Room no.-204,

45-B, 1st Floor , Hasanpur main45-B, 1st Floor , Hasanpur main

Road , I.P. Extension, Patparganj ,Road , I.P. Extension, Patparganj ,

Delhi- 110092. #9711105597Delhi- 110092. #9711105597

Website: Website: www.multistatesocieties.inwww.multistatesocieties.in

WHAT IS MULTI STATE CO-OPERATIVEWHAT IS MULTI STATE CO-OPERATIVE

SOCIETY ?SOCIETY ?

The Multi State Cooperative Society with The Multi State Cooperative Society with objects not confined to one state and serving objects not confined to one state and serving the interests of members in more than one state the interests of members in more than one state for social and economic betterment of its for social and economic betterment of its members through self-Help and mutual aid in members through self-Help and mutual aid in accordance withaccordance with

the cooperative principles are considered Multi the cooperative principles are considered Multi State Co-operative Society. State Co-operative Society.

Requirements for Multi State Requirements for Multi State Co-Co-OperativeOperative Society: Society:

1 .1 .Information of 50 members from Information of 50 members from each state with two states each state with two states minimum. Kindly download this minimum. Kindly download this from and fill up their details . You from and fill up their details . You can download Form1 from this linkcan download Form1 from this link

((www.multiststesociety.inwww.multiststesociety.in).).

You can take its separate printouts You can take its separate printouts but please keep the sets of different but please keep the sets of different states separate .you can keep more states separate .you can keep more number of states as well but each number of states as well but each additional state require a minimum additional state require a minimum of 50 members from that state.of 50 members from that state.

2. Proposed name of your multi state 2. Proposed name of your multi state cooperative society.cooperative society.

3. Your area of operation: mention the 3. Your area of operation: mention the names of the states where you want to names of the states where you want to work.work.

Benefits of multi sate cooperative Benefits of multi sate cooperative society:society:

You can do the FD . Rd deposits, You can do the FD . Rd deposits, give loans to members . you can do give loans to members . you can do all types of money marketing or all types of money marketing or financial work in a multi state financial work in a multi state credit cooperative society.credit cooperative society.

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

The documents filed in the ministry are The documents filed in the ministry are AGM (Annual General Body Meetings) , AGM (Annual General Body Meetings) , Resolution, Notice , Quorums, Audit Report Resolution, Notice , Quorums, Audit Report etc.etc.

Limit of business in multi stateLimit of business in multi state cooperative society: cooperative society:

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

Area of Operation of Multi StateArea of Operation of Multi StateCo-Operative Society:Co-Operative Society:

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

who can become a member ofwho can become a member ofmulti state cooperative society?multi state cooperative society?

Ordinary member (voting right). Ordinary member (voting right). Nominal member (no voting right). Nominal member (no voting right). Corporate body (PVT LTD . Corporate body (PVT LTD .

Company, Public LTD company, Company, Public LTD company, company) as a nominal member.company) as a nominal member.

When can a multi state societyWhen can a multi state societyapply for amendment?apply for amendment?

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

operation.operation. If the society wants to increase its If the society wants to increase its

objectives.objectives. If the society wants to change its name.If the society wants to change its name. If there is a new rule and the societyIf there is a new rule and the society wants to amend its bye-laws.wants to amend its bye-laws.

New 97th Constitutional Amendment Act New 97th Constitutional Amendment Act 2011:2011:

2 ladies in governing body are must.2 ladies in governing body are must. 1 extra in member of either SC/ST is 1 extra in member of either SC/ST is

compulsory in the governing body list.compulsory in the governing body list.

Annual ComplianceAnnual Compliance

NOTICENOTICE RESOLUTIONRESOLUTION QUORUMSQUORUMS MINUTES BOOKMINUTES BOOK BALANCE SHEETBALANCE SHEET ELECTIONELECTION MSCS SOFTWAREMSCS SOFTWARE MSCS WEBSITEMSCS WEBSITE

CRYSTAL VISIONCRYSTAL VISION

Mob.09711105597Mob.09711105597 E-mail: E-mail: multisocieties@gmail.commultisocieties@gmail.com Website: www.multistatesocieties.inWebsite: www.multistatesocieties.in