Form a Cooperative

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How to Form a Registered Cooperative Society

  • Get or bring together a minimum of 15 people to agree to form a cooperative. Choose a name for the cooperative and nominate 3 trustees (President, Secretary and Treasurer).
  • Write a letter of inauguration to the Department of Cooperative in your state stating the date, time and venue of inauguration.
  • Pick up the registration form.
  • Make all appropriate payments particularly the registration fee and the training fee for your three trustees.
  • On the day of inauguration, submit the duly¬† completed form with evidence of payment.
  • Buy the statutory books of record.
  • Trustees should attend the training on the scheduled date.
  • Collect the Certificate of Registration for your cooperative society.