Register Your Own Multistate Co-operative society In Just Few Simple Steps With us.


The Co-operative Society’s main objective is to safeguard the interests of those parts of society who are more economically underprivileged. The primary goal of any business, whether it be a sole proprietorship, partnership, or joint stock corporation, is to increase profits. This form of organisation is viewed as a democratic system that serves the interests of its members. “All for each and each for all” is the guiding philosophy, which encompasses both self-help and mutual aid.

Cooperatives fall under the jurisdiction of the state, but there are other associations, such as those for milk and sugar, banks, milk unions, and others, that have members and operate in various states. The Act was passed to regulate these cooperatives. For instance, most sugar mills in regions close to the Maharashtra-Karnataka border purchase their cane from both states.The different cooperative societies felt the need for an Act to codify and amend the law relating to cooperative societies was necessary in order to: facilitate the democratic formation and functioning of cooperatives as people’s institutions based on self-help and mutual aid; to enable them to promote their economic and social betterment; and to provide functional autonomy. To achieve the objective, the Multi-State Cooperative Society Bill was presented to Parliament.

The Multi-State Cooperative Societies Act 2002 was enacted by the President on July 3, 2002, following approval by both Houses of Parliament (39 of 2002). They are registered under the MSCS Act, and both states contribute to their membership. On their board of directors, each of the states where they conduct business is represented. The central registrar has administrative and financial control over these societies, and the legislation expressly prohibits any state government official from having any responsibility over them.

Documents required for Multistate Society Registration From Directors:-

1.Statement A and the Registration Application in quadruplicate must be presented with Form A, which requires the signatures of 90% of the Promoter members.

2.Participants on the Promoter list.

3.Bank Statement.

4.A detailed account of how society functions.

5.4 copies of the proposed bylaws for the Society.

6.Proof of having paid the registration cost.

7.The Registrar may also require affidavits, indemnity bonds, or other documentation, all of which must be provided.

8.  The registrar will record the information and offer a receipt as acknowledgement of the application in Form “B” register. They will also assign a serial number and provide a receipt.

9. The registrar will issue a Registration Certificate following registration and publish notice of the Society’s registration in the Official Gazette.


The following are the procedures for registering a multistate cooperative society:

  1. A society can only be founded if at least ten persons are interested in it.
  1. A temporary committee must be established, and one of them must be selected as the chief promoter.
  1. The name of the Society must be decided.
  1. A request must be made to the registration authority to reserve a name, and a letter confirming the reservation must be obtained. A reserved name may be used for three months.
  1. Prospective members must be charged an entry fee and share capital.
  1. The planned Society’s name must be put on a bank account in accordance with the directions of the Registration Authority. After that, the bank account must be funded with membership dues and stock, and a bank certificate must be presented in support of this.
  1. Following that, you must obtain a 1 Challan receipt and deposit your registration costs with the Reserve Bank of India.
  1. A request must be filed to the Registrar of Societies for the relevant Municipal Ward in order to register a society.



These organisations are established to safeguard the interests of small producers. Members of cooperative societies can be farmers, landowners, or proprietors of fishing businesses. Producers choose to collaborate or operate as independent businesses in order to improve marketing opportunities and production effectiveness.


Customers from a specific region own and run these enterprises for their mutual benefit. Their goal is to offer daily necessities at the best price. Instead of focusing on making a financial profit, they try to serve the customers.


These organisations are set up to aid those with low incomes in building homes at affordable prices. Their goal is to find solutions for the members' housing issues. An individual who belongs to this society wants to buy a property more affordably.


Co-operative marketing societies are formed when producers of agricultural commodities or any other commodity with the goal of carrying out marketing of their production.


A cooperative farming society is thought to have been created when several farmers in a hamlet pool their property and agree to consider the combined plot as one large farm for cultivation, buy the necessary inputs for cultivation, and market the crops together.


A Multi-State Cooperative Society may charge and deduct in relation to an individual's offer, commitment, or interest.

Contribution or interest shares are not considered additions to the Society. Any membership list or registered shares from a multi-State cooperative society should serve as initial proof of: A. the date that a person first joined the list or register to become a member;

Additionally, it allows for an exemption from the requirement to enrol instruments, a waiver of remuneration in certain circumstances to accommodate cooperative societies, and it encourages governments to assist them.


Through the above discussions, we have received the knowledge of what a Multi-State Cooperative Society is, how to register one, what paperwork is needed, and what advantages one might expect from doing so.


The multi-State Cooperative Societies Bill was introduced in the Parliament in order to accomplish the goal of creating co-operatives in more than one State. The bill sought to codify and amend the law relating to cooperative societies, with objects not limited to one State and serving the interests of members from multiple states.

Yes, It is safe if it meets all the requirements with RBI.

1 The Jackson Co-operative Credit Society of the Employees of the Western Railway Ltd.

2 Karur Vysya Bank Staff Coop Thrift & Credit Society Ltd

3 South India Multi-State Agriculture Cooperative Society Ltd.

4 Adarsh Cooperative Bank Ltd./Madhav nagrik Sahakari Bank Ltd.

5 LDC Multi-State Cooperative Credit Society Ltd.

6 The Sutex Cooperative Bank Ltd

7 Malankara Multi-State Cooperative Credit Society Ltd

8 Dhanmudra Urban Multi-state Co-operative Credit Society Ltd

9 The Vishweshwar Sahakari Bank Ltd

10 Krishi sansaar multi-state cooperative society ltd.


There are many different kinds of multistate cooperative societies, including multistate solar cooperative society, farming cooperative society, credit cooperative society, agriculture cooperative society, real estate cooperative society, firm cooperative society, dairy firm cooperative society, transport cooperative society, and many more.

The team of highly qualified professionals at Onickexperts will prepare your bylaws in accordance with your demands and the particular goals of your multistate cooperative society.


Credit, Housing, Agriculture, Transport, Hospital, Sugar, Stores, Fishery, Handloom, Labor, Consumer, and Multi-Purpose cooperative societies are some of the several types of multi-state cooperative societies. There might be more than 50 members, but each additional state needs to have at least 50 members.

The multi-State Cooperative Societies Bill was introduced in the Parliament in order to accomplish the goal of creating co-operatives in more than one State. The bill sought to codify and amend the law relating to cooperative societies, with objects not limited to one State and serving the interests of members from multiple states.

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There are following types of Multi-Cooperative societies:

Credit Co-operative Societies.
Housing Co-operative Society.
Farming- Cooperative Society.
Dairy Firm Multi-State Cooperative Society.
Solar Credit Cooperative Society.
Multi State Multi-Purpose Cooperative Society.
Transport Cooperative Society.

You can do all financial tasks in a credit cooperative society, which also has the ability to take member deposits and lend to members at a set interest rate.

You can establish, advertise, and register a Limited Company, Housing Cooperative Society, or any other incorporated entity or association. The company’s cash might be used to cover the costs associated with the creation and promotion of these societies or body corporates.

According to the rules and guidelines of the Multi-State Cooperative Society, it is registered. It is a totally democratic organisation run by a BOD elected by members at an annual general meeting, not a private institution owned by a single person. Finance Company, on the other hand, is owned by an Individual.

A Co-operative Society’s quorum for any sort of general meeting is one-fifth of the total number of ordinary members in the organisation. And out of this 1/5th, at least 1/2 should vote in favour of a resolution that is adopted.

The central government has the authority to resolve issues with Nidhi Companies. If two years have passed from the date of the order, no amendments may be made.

No portion of the money, other than the society’s net profit, may be distributed to its members in the form of a bonus, dividend, or in any other manner.

A Multi-State Cooperative Society is prohibited from lending money to its members using either stock or non-member collateral as security. However, a Multi-State Cooperative Society may lend money to a depositor in exchange for a deposit as security.