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What is the minimum number of individual applicants required to form a cooperative society?

A10

B25

C15

D20

Answer:

B. 25

Read Explanation:

Sec-6 Application for registration of cooperative societies:

  • An application for the registration of a co-operative society shall be made to the Registrar in such form as may be prescribed and the applicant shall furnish to him such information about the society as he may require.

  • Every such application shall conform to the following requirements, namely:-

  • (a) the application shall be accompanied by three copies of the proposed bye-laws of the society;

  • (b) where all the applicants are individuals, the number of applicants shall not be less than twenty-five, each of such persons being a member of a different family.

For the purposes of this clause, the expression “member of

  • A family” means wife, husband, father, mother, grand- father, grand-mother, step-father, step-mother, son, daughter, stepson, step-daughter, grand-son, grand-daughter, brother; sister, half- brother, half-sister and wife of brother or half brother;

  • Uncle, Great grand father shall nor include as a family member.

  • The application shall be signed by every one of the applicants who is an individual by a person duly authorized on behalf of the Government or any society or other body of person which is an applicant.

  • Persons decide to organise a cooperative society conducts the meeting and elect promoters committees consisting of 3-5 members.

  • From among the promoters, committee they shall elect one as chief promoters


Related Questions:

No amendment to any bye law of a society shall be valid unless such amendment has been .............. under the KCS Act and Rules by Registrar.
Section 8A of the KCS Act, 1969 deals with :
Minimum affiliation fee and annual renewal fee payable in Co- operative society is
The primary Dairy Co-operative society otherwise known as Ksheerolpadaka Sahakarana Sangham
Before registering an amendment to byelaws of an apex or central society, whom must the Registrar consult?