Legal Remedies and Registrar Complaints
Are there special rules if the society is a multi-purpose or multi-state coop?
Written By: GatePal Analyst
Last Updated on
Short Answer
Yes, there are special rules for multi-purpose or multi-state cooperative societies.
Detailed Explanation
Rule 2(1)(f) of the Gujarat Cooperative Societies Rules, 1965 defines a multi-purpose society as one that carries on business for the mutual benefit of its members in more than one field of operation. This means that a multi-purpose society can engage in various activities to benefit its members across different sectors. In practice, such societies need to maintain separate accounts for each field of operation to ensure transparency and accountability. For example, a cooperative society that provides both agricultural and housing services would be considered a multi-purpose society.
Additionally, Rule 2(1)(g) of the Gujarat Cooperative Societies Rules, 1965 defines a multi-state cooperative society as one that operates in more than one state. This implies that the society has members and activities in multiple states of India. In real-world scenarios, multi-state cooperative societies need to comply with the laws and regulations of each state where they operate. They must also adhere to the provisions of the Multi-State Cooperative Societies Act, 2002, along with the respective state laws.
For instance, a cooperative society with branches in Gujarat and Maharashtra would fall under the category of a multi-state cooperative society. Such societies face the challenge of navigating different legal frameworks and ensuring compliance with diverse regulatory requirements in each state of operation. The process of registration, governance, and dispute resolution may vary for multi-state cooperatives compared to single-state societies.
In conclusion, multi-purpose and multi-state cooperative societies have specific rules and requirements under the Gujarat Cooperative Societies Act and Rules. These provisions aim to regulate and facilitate the functioning of cooperatives operating across multiple sectors or states, ensuring efficient governance and member welfare.
References
Rule 2(1)(f) of the Gujarat Cooperative Societies Rules, 1965
Rule 2(1)(g) of the Gujarat Cooperative Societies Rules, 1965
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