Piyush Patel
We have Pluto cooperative society in Vadodra, it was formed about 22 years back and we do not have any accounts for the last 10 years. It was only in the latter 10 years that we formed a management company to look after the management of the cooperative. Please advice how to revive our old cooperative society.
I C Naik
Pluto cooperative society and its management company both appear to be unregistered association of persons to carry out some activity collectively. Having carried out some activity its members are desirous of forming it in to a legal entity to confer perpetuity and manage it through its own elected members. This is a very good idea. The next generation i. e. successors of the present members will remember you for this good work.
The process is simple.
1.Prepare a Project Report describing activities to be performed over next five years in quantitative and financial terms.
2.Convene a meeting of at least 10 members belonging to 10 independent families, though more the merrier.
3.Adopt latest Model Bye Laws as your bye laws
4.File application for registration of the Cooperative society and bye laws both signed by ten persons.