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Different Multi State Cooperative Societies Rules .pdf


Original filename: Different Multi State Cooperative Societies Rules.pdf
Author: zaffy s

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Different Multi State Cooperative
Societies Rules
An Multi State Cooperative Societies rules is to consolidate and alter the law which are
relating to cooperative societies, with objects not limited to one State and helping the
interests of members in more than one State, to make easy the voluntary formation and
self-governing functioning of Multi state Cooperative Societies as people’s institutions
based on self-help and mutual aid and to enable them to endorse their financial and social
betterment and to offer functional autonomy ,was being felt necessary by the a variety of
cooperative societies, and federation of various cooperative societies as well as by the
Government. In order to attain the objective The Multi State CGHS Bill was introduced
in the Parliament.

1- Credit societies registered under Multi State CGHS Cooperative Societies Act 2002,
cannot do banking business under Section 5 (B) of Banking Regulation Act, 1949.

2- Registered societies will be able to operate their activities according to their laws and
rules, but the Multi State Cooperative Societies Act, 2002 will be able to do this only by
ensuring effective restrictions and restrictions
3- Respondent credit societies will be able to continue their activities among the current
members according to their own bouquets. If a society wants to make a person according
to their rules, then the competent authority will be able to give approval only after recording
their eligibility.

4-Credit Societies will be able to advertise their activities which can be used for the use
and consumption of its members. These societies will not be able to issue such an
advertisement for the people, in which breathtaking schemes have been used to become
members.
5- The directors, elected, designated and appointed people of such societies, the details of
their movable immovable assets, address of leaf etc. etc. will be deposited in 15 days by
the Deputy Registrar (Judicial) of Rajasthan High Court within 15 days. .
6- The Central Registrar Multi State Cooperative Society has been instructed to ensure
compliance with the period of the above instructions and report the inspection of their
activities in the High Court.


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