This is a simple and practical guide dealing with the form of organisation of co-operative societies which is a special type of business organisation.
The Book gives the details of various types of societies that can be registered under the various state cooperative societies Acts meant for different purposes. Examples on types of Co-operative Societies:
- Credit Co-operatives (Example. Grameen Bank)
- Consumer Co-operatives (Example -Apna Bazar, Warana Bazar)
- Agro Processing Co-operatives (Rice Mills, Spinning Mills, Oil Mills, and
- Ancillary Co-operatives like bakery products, spices. pickles, jams
- Dairy Co-operatives (Example -Amul)
- Housing Co-operatives
- Labour Co-operatives (Example – Mumbai’s Dabbawala)
The principal objects for forming societies and the main objects of forming different kinds of societies are also given in the Book. The various classes are as under:
- Thrift and Urban Credit Society
- Multi-purpose Society
- Industrial Producers Co-operative Society
- Labour and Construction Co-operative Society
- Motor Transport Co-operative Society
- Co-operative Dairy Society
- Co-operative Store
- Co-operative House Building Society
- Co-operative Group Housing Society.
The salient provisions of the Co-Operative laws as existing in some States are also given in the book, i.e.,
- Maharashtra Co-operative Societies Act, 1960
- Delhi Co-operative Societies Act, 2003,
- Karnataka Co-operative Societies Registration Act, 1959.
The book also includes model bye-laws of a Society which can be adopted after suitable modifications and procedure for registration and formation of a Co-operative Society alongwith various aspects of management and meetings, books of account and records, taxation and audit.