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The co-agent castes, with posts not kept to one state and serving the hobbies of parts in more than one state for social and budgetary renovation of its parts with self enhancement and common assistance as per the co-agent standards are recognized as Multi State Cooperative Societies.
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Types of multi state cooperative societies and requirements: -
A multi state cooperative society is of different kinds- Credit, Housing, Farming, Transport, Healthcare facility, Sugar, Stores, Fishery, Hand-loom, Labor, Consumer and Multi Purpose Co-operative Society. The standard formalities for forming this society is to organize at least 50 members from two states each.
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o an institution which has a things of furtherance of the interest of a political celebration. There is a limitation on loan. No cooperative society aside from cooperative bank shall make a loan to a member on the protection of this share or on the security of a non-member. The society can make a loan to a depositor on the safety of this deposit. The multi state society my receive deposits, raise loans and get grants from external sources to such extent and under such conditions as might be pointed out in the memorandum offered that the overall quantity of deposits and loans received during any monetary year shall not go beyond 10 times of the sum of subscribed share capital and collected reserves. The net collected reserves is determined by deducting built up losses from collected reserves.
Address : Crystal Consultancy, Office Number- 204, 45B, 1st Floor, Hasanpur Main Road, Patparganj, I.P. Extension, Delhi- 110092
Mobile : +91 783 827 2423
Website : https://www.multistatesociety.in/