Multi State Cooperative Societies

multi state cooperative society is a useful alternative for all real estate companies, public limited, private limited and chit fund companies where almost saturation has reached. This Centre Act has been passed by the parliament in the year 2002. The mission of the multi state society is to facilitate the voluntary formation and democratic functioning of cooperatives as peoples institutions based on self help and mutual aid and enable them to promote their economic and social betterment and to provide functional autonomy.

A multi state cooperative society is registered from the centre i.e. Delhi. The co-operative society orders, with articles not kept to one state and serving the hobbies of parts in more than one state for social and budgetary improvement of its parts through self improvement and common help as per the co-operative society standards are recognized as Multi State Cooperative Societies.