Dear Sir,

My name is Jatin Jindal. I am a young qualified CA willing to form my own cooperative society. Can you help me in providing step wise procedure for incorporating a cooperative society.  I would be grateful, if you can provide the contact of any professional, who can assist me in this regards.

I C Naik

It’s a good idea for a young qualified person to plunge in to cooperative sector. This form of organization is a world-wide well proven concept for economic development with equality. It is starved of good people in India. It is not difficult at all to set up a cooperative society, once the preliminaries are worked out.

Henceforth you have to imagine yourself to be a Chief Promoter. The immediate thing you have to do is to work out a project yielding economic soundness, which you want to put through via the Cooperative organization. Collect 10-15 members all belonging to distinct families and get their approval to the project. Get hold of model Bye-laws appropriate to the objects of the project. Decide the name of the proposed society.

The procedure after that is not complex at all. You can meet the Dy Registrar who will guide you about a few steps to be completed under his supervision after which the Society will come in to existence.

The National Cooperative Union of India (NCUI) is to take up the issue of an amendment in its bye laws in order to avert any future situation in which the current President Chandra Pal Singh Yadav got entangled by the ruling of the arbitrator Mr Manjhi.

The apex cooperative organization is holding its Annual General Meeting (AGM) in N Delhi on Thursday where delegates from various parts of the nation are expected to participate.

The duly elected representatives of national level cooperative federations such as IFFCO,KRIBHCO or NAFED would be held as elected and not nominated after this amendment. Only government nominated members would be treated as nominated.

Talking to Indian Cooperative, NCUI President Chandra Pal Singh Yadav said that this provision was already there but in the light of arbitrator’s ruling we have felt the need for introducing a “small clarification”.

When Indian Cooperative asked him if this change in bye law would help him in current legal imbroglio, Chandra Pal said “ It would not help me in present case but in future such constitutional crisis could be averted”.

“There is already provision in NCUI bye laws that four highest paid cooperative federations would have say in the affairs of NCUI and their representative would have all the rights enjoyed by other members of Governing Council. They are elected members in their parent organization and thus should be treated as such by NCUI also”, Chandra Pal Singh added.

General Body may also make a renewed appeal to government for release of fund as its various field projects are languishing with staffs driven to the brink of starvation.

It was government which funded these projects and NCUI’s job was to monitor them. We may also meet the agriculture Minister again to make a request for release of the fund, said Mr Singh.

Mudit Verma is a senior cooperative leader from the state of Uttar Pradesh who is heading two cooperative federations including a cooperative bank. He is also Governing Council member of National Cooperative Union of India.

Recently NCUI launched itself into an exercise of eliciting GC Members take on the proposed changes in the bye-laws of NCUI.

Mr Verma has sent some suggestions which are respectful of Multi State Cooperative Societies Act 2002 on one hand and emphatic on preserving the cooperativeness of NCUI on the other.

Mr Verma says elected member of Governing council should cease to be member of GC if he loses his position in his parent society.

On the formations of constituency for the election of GC, he says “Nine members should be elected from the constituency from among the member State Cooperative Union and cooperative Union Territories. These nine members come from across the states. J & K, Punjab and Himachal Pradesh combine together to elect one GC member while states of Maharashtra, Andhra and Goa combine to send another GC member. Similar is the case with other states.

On the election of highest contributors to the Cooperative Education Fund Verma suggests that “delegates should be elected from the 20 highest contributors”.

On the representation of other various cooperative federations at both national and state levels such as Fishcopfed, NFCL, NHEC and others Mr Verma wants to include “ Other State Cooperative Federations and Association which are not included in this list”.

Plus he suggests that one member should be elected from delegates of multi state cooperative societies separately.
Election procedure for the constitution of GC has been a headache for NCUI and drags it to the court every now and then. Dearth of proposer and seconder from the same constituency when it is small leads to constitutional crisis for NCUI often.

Mudit Verma says “member of GC should be elected by and from amongst the delegates of respective constituencies. If there is more than one vacancy, each voter should be entitled to cast votes up to number of vacancies and the contestants securing highest votes should be elected to the extent of the vacancies.

(Indian Cooperative seeks suggestions by other GC members also at info@indiancooperative.com)

National Cooperative Union of India has asked its members to suggest changes in the bye Laws of NCUI with changing times. Also it is dragged to court every now and then on issues related to bye laws.

Mudit Verma, a Governing Council member has sent some suggestions which are respectful of Multi State Cooperative Societies Act 2002  on one hand and emphatic on preserving the cooperativeness of NCUI on the other.

Mr Verma says Elected member of Governing council should cease to be member of GC if he loses his position in his parent society.

On the formations of constituency for the election of GC, he says “Nine members should be elected from the constituency from among the member State Cooperative Union and cooperative Union Territories. These nine members come from across the states. J & K, Punjab and Himachal Pradesh combine together to elect one GC member while states of Maharashtra, Andhra and Goa combine to send another GC member. Similar is the case with other states.

On the election of highest contributors to the Cooperative Education Fund Verma suggests that “delegates should be elected from the 20 highest contributors”.

On the representation of other various cooperative federations at both national and state levels such as Fishcopfed, NFCL, NHEC and others Mr Verma  wants to include “ Other State Cooperative Federations and Association  which are not included in this list”.

Plus he suggests that one member should be elected from delegates of multi state cooperative societies separately.

Election procedure for the constitution of GC has been a headache for NCUI and drags it to the court every now and then. Dearth of proposer and seconder from the same constituency when it is small leads to constitutional crisis for NCUI ofter.

Mudit Verma says “member of GC should be elected by and from amongst the delegates of respective constituencies. If there is more than one vacancy, each voter should be entitled to cast votes up to number of vacancies and the contestants securing highest votes should be elected to the extent of the vacancies.

(Indian Cooperative seeks suggestions by other GC members also at info@indiancooperative.com)