Insights into Company Bills & Payments

State approvals / Lakshadweep / Department of Cooperative

Registrar of Cooperative Societies (RCS)

Lakshadweep Cooperative Societies Regulation, 2022 (No.4 of 2022) and Lakshadweep Cooperative Societies Rules, 2023have been promulgated/ enacted by repealing the “Laccadive, Minicoy and Amindivi Islands Cooperative Societies Regulation, 1960 and Rules 1961”. The new Regulation and Rules have been promulgated to streamline and facilitate the cooperative societies in the Lakshadweep.

DepartmentDepartment of Cooperative
TypeNew
StagePre-Operation
Time limit90 days
Fee₹100
Applied—

Documents to submit

#DocumentConditionRequired
1 4 (Four) copies of proposed bye-laws (Sec 8(1) — Required
2 Certificate from the bank or Service/Credit Cooperative Bank/Society containing credit balance in favour of the proposed society (Rule 3(1) — Required
3 A list of persons who have contributed to the share capital and paid entrance fee (Rule 3(2) — Required
4 The scheme showing the details explaining how the working of the society will be economically sound and where the scheme envisages the holding of immovable property by the society, the description of immovable property proposed to be purchased acquired or transferred to the society (Rule 3 (3)) — Required
5 2 (Two copies of application forms (Form A) duly filled up all the clauses and to strike off the clauses not applicable, under the signature of Chief Promoter/President along with Annexure A (Rule 3) — Required
6 Original resolution of the promoters meeting which should be attended by all the intending members and it contains the following agenda which should be approved unanimously — Required
7 Name of the Proposed Society — Required
8 Registered Address of the Society — Required
9 Area of Membership (it should be compact area) — Required
10 Area of operation — Required
11 Object of the Society — Required
12 Source of Fund — Required
13 Selection of Chief Promoter — Required
14 Issuance of authorising 3 (Three) persons to sign all papers and documents on behalf of the proposed Society — Required
15 Admission Fee, Paid up Share Capital, Authorised Share Capital — Required
16 Election of the first Board of Directors including selection of President and Vice-President — Required
17 Bank A/c operations — Required
18 Adoption and approval of draft Bye-Laws & other organization papers — Required
19 Copy of the paid Challan for Rs.100/- under the Head of Account. 0030 Stamps & Receipts 03 Registration fees 800 Other receipts — Required
20 Annexure-B&C — Required
21 Copy of the identity proof of the members — Required
22 Copy of the address of the applicant society (Telephone bill, Electricity bill etc) — Required

More from Department of Cooperative