Question
Discuss in detail the conditions for Registration of Cooperative Society
Answer :
Word Count : 587
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Skip in 10
The registration of a cooperative society is the most important legal step in bringing a cooperative organization into formal existence. Under cooperative law, certain essential conditions must be fulfilled before a society can be registered and recognized as a legal body. These conditions are designed to ensure that only genuine, voluntary, and economically viable associations are formed for the benefit of their members. The first important condition for registration is that there must be a minimum number of persons willing to form the society. According to cooperative principles and legal provisions, at least ten adult persons having common economic interests must come together to apply for registration. These persons must be competent to enter into contracts and should belong to different families. This requirement ensures that the society is
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