A multi state cooperative society will be registered in the centre we.e. Delhi. The particular co-operative society orders, with articles not really kept to 1 state and serving the hobbies of parts in more than the usual state for social and financial improvement of their parts via self improvement and common help as reported by the co-operative society standards are usually recognized as Multi State Cooperative Societies.
Types of multi state cooperative societies and requirements:-
The basic procedures for developing this society are to arrange no less than 50 members from 2 states each. A multi state cooperative society is of various types- Credit rating, Housing, Agriculture, Transport, Medical center, Sugar, Stores, Fishery, Handloom, Labor, Customer and Multi Goal Co-operative Society. There can be greater than 50 members as well but each additional state requires a at least 50 associates from which state. These first fifty members are ordinary members who have voting right and also to whom shares are allotted. The second group of members are nominal members to whom shares are not designated, who do not possess voting right and who in no way participate in some of the general body meetings.
Function of Governing Body Members of Multi state:-
Because far the actual interim supervision committee listing is concerned who're responsible for the management as well as handling from the society, the society ought to minimum 7 members and this listing can go unto 21 people. After the 97th Constitutional Change Act 2011 from Feb 2013, it is mandatory to keep 2 as well as 1 added member which belong to Planned Caste or to Scheduled Tribe however governing body list. Until today, you will find 900-950 Multi State Cooperative Societies out of which optimum are credit. The regulating body members take part in annual general body meetings, unique general physique meetings, promises, notice, quorums and so on.
www.multistatesociety.in/multistatecooperativesociety to get more information about multi state cooperative society.