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At Taxhint Advisors We Offer's Multistate Co-Operative society Registration Multistate Co-Operative society Software
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For All States
We assist in the hassle-free Multistate Co-operative Society Registration.
If your application has been rejected by the department, we are here to guide you step-by-step and ensure your successful registration.
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Our Expertise
- Election Management
Ensuring smooth and transparent election processes.
- PMLA Compliance Assistance
Helping you stay compliant with guidelines to avoid enforcement queries.
- Branch Expansion Approvals
Facilitating permissions for new branches.
- Bylaws and Policy Amendments
Expert support for all types of amendments.
- Legal Dispute Resolution
Assistance with criminal or legal matters concerning your society.
What is Multi State Co-operative Society?
A Multi-State Cooperative Society (MSCS) is a cooperative society that operates in multiple states across India. Cooperative societies are organizations formed by individuals with common interests to pool their resources for mutual benefit. They are governed by the Cooperative Societies Act of the respective state in which they operate.
Multi-State Cooperative Societies are governed by the MSCS Act, 2002, which was enacted to facilitate the incorporation, regulation, and proper management of cooperative societies operating in more than one state. These societies can engage in various activities such as agriculture, industry, handicrafts, and services.
The Multi-State Co-operative Societies Act, 2002 (MSCS Act 2002)
The Multi-State Co-operative Societies Act, 2002 (MSCS Act 2002) is an Indian law enacted to regulate the operation and management of cooperative societies that operate in more than one state. It provides a legal framework for their registration, functioning, and governance. The Act ensures that such societies are able to carry out their activities effectively while adhering to standardized rules and regulations.
Key Features of the MSCS Act, 2002
- Scope: It applies to cooperative societies with operations spread across two or more states. Such societies may involve sectors like agriculture, credit, housing, marketing, consumer services, and more.
- Registration: A multi-state cooperative society must register under the MSCS Act, 2002. At least 50 members from two or more states are required for registration.
- Objectives: To promote the economic and social interests of members through mutual assistance. To operate democratically and profitably while maintaining transparency.
- Governance: The society must have a board of directors elected by the members. The board is responsible for the overall management and decision-making.
- Regulatory Authority: The Central Registrar of Cooperative Societies is the primary regulatory authority. The registrar oversees registration, disputes, and compliance under the Act.
- Rights of Members: Members have equal voting rights (one member, one vote) regardless of their contribution or shareholding. They are entitled to share in the society's profits and participate in its activities.
- Financial Matters: Societies must maintain proper books of accounts and undergo regular audits. Surplus funds can be distributed as dividends among members or reinvested for the society’s growth.
- Dispute Resolution: Disputes within the society or between members and the management can be referred to arbitration or resolved under the Act.
- Winding Up: The society may be wound up voluntarily or by an order of the Central Registrar in case of insolvency or non-compliance with the Act.
- Penalties for Non-Compliance: The Act imposes penalties for non-compliance, such as failure to maintain records or violating governance rules.
Procedure To Register A Multi-State Cooperative Society
Types Of Multistate Co-Operative Society
Credit Cooperative Societies
Provide affordable credit and financial support to members, fostering financial inclusion and independence.
Cooperative Housing Societies
Facilitate affordable housing and shared community living for members, ensuring cost-effective property management.
Farmer's Cooperative Societies
Empower farmers by offering resources, tools, and collective support for agricultural productivity.
Producer's Cooperative Societies
Support producers by ensuring fair pricing, better marketing, and collective resource utilization.
Consumer's Cooperative Societies
Ensure members have access to quality goods at reasonable prices through collective buying power.
Marketing Cooperative Societies
Foster efficient marketing networks for members to promote and distribute goods effectively.
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FAQ
Find Out Answers Here

A multistate cooperative society operates in two or more states, regulated by the Central Registrar, while a state cooperative society is confined to one state and regulated by the respective State Registrar.
A minimum of 50 individual members from at least two states or registered cooperative societies from two states is required to form a multistate cooperative society.
The proposed amendment must be approved by the society's general body with a two-thirds majority and submitted to the Central Registrar for final approval.
No, it is restricted to operations within India as per the Multi-State Cooperative Societies Act, 2002.
Penalties may include monetary fines, cancellation of registration, or legal proceedings based on the severity of the violation.
Disputes are resolved through arbitration under the Act, or by the Central Registrar, depending on the nature of the conflict.
An auditor ensures the financial transparency and compliance of a cooperative society by examining its accounts, verifying transactions, and reporting any discrepancies.
Yes, with the consent of the general body and approval from the Central Registrar, mergers are allowed under the Act.
Members are responsible for participating in meetings, contributing to the capital, complying with bye-laws, and supporting the society's objectives.
Members are responsible for participating in meetings, contributing to the capital, complying with bye-laws, and supporting the society's objectives.
Members benefit through shared resources, services, access to larger markets, collective decision-making, and profit sharing.
Yes, depending on the sector (e.g., agriculture or rural development), they may qualify for government grants, subsidies, or tax benefits.
Principles include voluntary membership, democratic management, equal voting rights, economic participation, and concern for the community.
A minimum of 10 members is typically required to register a cooperative society.
The Central Registrar oversees the registration and regulation of multi-state cooperative societies.
Bye-laws define the rules and regulations for the management and functioning of a housing society.
The resignation must be submitted in writing and processed as per the society's bye-laws.
What loans can housing societies avail of?
Housing cooperatives can avail of loans from cooperative banks and primary agricultural credit societies.
What is the role of a housing society chairman?
The chairman oversees the operations, represents the society, and ensures compliance with rules.
What is India's fastest-growing credit society?
Some credit societies claim rapid growth, but their credibility depends on their adherence to legal and financial regulations.
What documents are required for registering a multistate cooperative society?
Documents include a list of members, proof of address, society bye-laws, and an application form.
What is the taxation rate for multistate cooperative societies in India?
Tax rates vary based on the income earned and the nature of activities conducted by the society.
Do we need any NOC to register a multistate cooperative society ?
We need NOC to register a multistate cooperative society in two types of societies
1. Credit and thrift society
2. Multipurpose Cooperative Society
Can we register a multistate cooperative bank.
Yes we can register we will need rbi approval also for the same.
What are the requirements to register a multistate cooperative society.
We need members from altleast 2 states (minimum 50 Memebers from each state).
What are the name of some famous multistate cooperative societies?
1. universal multi state credit co operative society limited online
2. viswadeepthi multi state agri co operative society ltd
3. hindustan multistate co operative housing society website
4. hindustan multistate co operative housing society website
What will be the interest rate on deposits received under society ?
The interest rate will be as per RBI rules
Do we need any RBI Approval for a credit and thrift society ?
No For a credit and thrift multistate society we do not need any RBI Approval
