Chapter 2 Formation and Registration of Cooperative Organisation

Section 15: To be Registered

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1) In case the following conditions are found to have been met while conducting an inquiry on the documents along with the application referred to in sub-Section (1) of Section 14, the Registrar or the authority authorised by the Registrar shall, within 30 days from the date of filing of the application, Registrar the Cooperative Organization and issue a certificate thereof in the prescribed format.

(a) The Byelaws submitted along with the application by  consistent with this Act and the Rules framed under this Act,

(b) There is the basis that the proposed Cooperative Organization could be run according to the values, norms and principles of cooperatives,

(c) There is a clear basis that the Cooperative Organization could be run and controlled being community-based and member-centric,

(d) Other bases prescribed are completed.

2) While carrying out inquiry pursuant to sub-Section (1), in case it is found that the proposed Cooperative Organization could not be Registered without amendment to the Byelaws of the organisation, the Registrar or the authority authorised by the Registrar shall issue a notice to that effect to the applicant within fifteen days of the date of receipt of the application.

3) Notwithstanding anything contained elsewhere in this Act, the Cooperative Organisations which are registered and operated at the commencement of this Act shall be deemed to have been registered under this Act.

4) While registering a Cooperative Organization under this Act, the authority referred to in sub-section (1) of Section 14 may prescribe any condition to be fulfilled by such Cooperative Organization.

5) In case any condition is prescribed pursuant to sub-Section (4), it shall be the duty of the concerned Cooperative Organization to comply with such condition.

6) Notwithstanding anything contained elsewhere in this Section, savings and credit Cooperative Organizations shall be registered in the case of a Municipal Corporation and sub-municipal Corporation and in one Municipality or Rural Municipality according to the prescribed standards.

7) In the case of a specialised Organization referred to in Section 9, such an organisation may be registered without having duplication in the services to be provided by the District Sectoral Cooperatives Association or by the Central Sectoral Cooperatives Association.

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Section 15: To be Registered

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