Cooperative Societies

First of all the chief promoter shall obtain the prior sanction for joint registrar for organizing the society and to collect initial share capital. The Promoters (in case the society is to be for individuals alone, at least, 25 individuals each of whom belonging to different family) should meet to constitute a committee, (Organization committee) consisting 3 to 5 members among themselves with a convener.

Cooperative Societies required to submit various documents to Registrar for number of reasons. After forming society, for example, it may amend its by-laws or change in utilization of funds, or opening of new branches etc. In every new request or submission to Registrar to be made along with appropriate documents. Here is the list showing major situations and commonly used relevant documents.

Section 66 of the Kerala Societies Act and Rule 66 of the Rules deal with inspection and supervision of societies function in Kerala. The inspection notes are to be prepared in the forms prescribed by the registrar for different types of societies. But the preparation of the notes in the form alone will not bring out the exact achievements or business results.

In the case of amendment of bye-law of a Cooperative Society, the committee of the society should first examine the proposed amendments, approve the same and adopt necessary resolution, after that the amendment proposed by the committee should be placed before the general body for its consideration. In the notice for the general body existing provision of the bye-law and the amendments proposed should be distinctly shown and the notice issued as provided in the bye-law of the society.