How to apply to Central Registrar for cooperative society registration in Delhi

Generally, when we are in the process of filing new application, 1. We submit in ministry a proposal for registration of the multi state cooperative society along with enclosures as indicated below. 2. We also declare that the information given herewith influx in the enclosures is correct to the best of our knowledge (a) Name of the proposed multi state society (b) Headquarters and address to be registered; (c) Area of operations; (d) Main objectives; (e) Why is it absolutely necessary for the society to be under the Multi state cooperative society Act, (f) A certificate in respect of provisions of clause (g) A certificate in respect of provisions of clause of (h) A certificate in respect of provisions of clause (i) If all the members are individual, indicate the persons from each State who have signed the application Name of the State Number of persons signed the(j) Name and address of the applicant for the purpose of correspondence. 3. Following documents are enclosed: (a) A certificate from the bank stating credit balance in favor of the proposed multi state cooperative society. Here, most of the banks do not understand how to open a bank account in proposed name of society without a pan card. Basically, it is a special type of account where one can only do deposit and not withdrawal. Once registration of the society is granted, then the bank account becomes fully active. (b) A scheme explaining how the proposed society under any other law relating to Co-operative societies in force in any State or in pursuance of the multi state co-operative societies Act, 1942 (6 of 1942) or the Multi-State Societies Act, 1984 (51 of 1984) and the registration of which has not been cancelled before such commencement. Provided further that the board may co-opt two directors, in addition to twenty one directors specified in the first provison, having experience in the field of banking, management and finance or having special in any field relating to the objects and activities undertaken by such cooperative societies. The co-operative societies, with objects not confined to one state and serving the interests of members in more than one state for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles are considered multi state cooperative societies. The Central Government shall by notification in the Official Gazette, specify an authority or committee, with such members as the Central Government may appoint to administer the fund and maintain separate accounts and other relevant records in relation to the fund in such form as may be prescribed in consultation with the Comptroller and Auditor-General of India. Recently in July 2023, various schemes have been announced for PACS (Primary Agriculture Credit Societies). In the upcoming 2 to 3 years, 2 lakh multi purpose primary agriculture credit societies would be formed. Funds of 20 Lakh Crores would be alloted to PACS for the economic betterment of farmers. Consequently, it would create a transparent system where illiterate farmers won't be exploited and it would give a push to the agricultural economy of India. Here's the importance of PACS in Multi-State Cooperative Societies:

• Financial Intermediaries: PACS serve as financial intermediaries that provide credit and financial services to farmers and rural communities. In a Multi-State Cooperative Society, these PACS can aggregate funds from multiple states, thereby increasing the availability of credit and financial resources for agricultural and rural development.
• Rural Credit Disbursement: PACS are at the forefront of disbursing credit to rural and agricultural sectors. In a multi state cooperative society, PACS can channel funds and credit from various states to regions that need it the most, thereby ensuring equitable distribution of financial resources in rural areas across state boundaries.
• Promoting Agricultural Development: Multi-State Cooperative Societies often have a broader mandate for promoting agricultural and rural development. PACS can play a pivotal role in achieving this objective by providing credit, inputs, and other essential services to farmers in different states, facilitating agricultural growth.
• Risk Mitigation: By operating across multiple states, Multi-State Cooperative Societies can diversify their risks. PACS in different states contribute to this risk mitigation strategy by ensuring that the society's resources and activities are not concentrated in a single geographical area.
• Cooperative Network: PACS are part of a cooperative network that includes Multi-State Cooperative Societies, State Cooperative Banks, and the National Cooperative Development Corporation (NCDC). This network facilitates collaboration and coordination among various cooperative institutions, ensuring efficient resource allocation and utilization.
• Financial Inclusion: PACS aim to provide financial services to underserved and marginalized communities in rural areas. In a Multi-State Cooperative Society, the collective efforts of PACS from different states can lead to improved financial inclusion and economic empowerment of rural populations.
• Regulatory Compliance: PACS must adhere to the regulatory framework established by the government. In the case of Multi-State Cooperative Societies, compliance with cooperative laws and regulations across multiple states can be challenging. PACS can assist in ensuring that the society operates within the legal and regulatory framework.
• Strengthening Cooperative Principles: Cooperative principles, such as democratic control, member participation, and mutual cooperation, are vital to the functioning of multi state cooperative societies. PACS, as primary cooperatives, exemplify these principles and help in maintaining the cooperative ethos within the larger society.