Register Your Cooperative Society In Delhi NCR- Ask for Suitable Quotes

A co-operative (also known as co-op, cooperative or coop) is an autonomous association of people united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled business.

Requirement of Co-operative Society
  • To render services to its members instead of making profits.
  • It encourages a state mutual help in the place of competition.
  • It assures a state of self-help in the place of dependence.
  • It develops a state of moral solidarity in the place of unfair business activities. 

Inclusions in this package

Advantage

  • Unlike other retailers, cooperative stores supply quality goods. Consumers are thus saved from adulteration and other malpractices.
  • As consumers are the owners and managers of such stores, genuine requirements of the majority of consumers can be met. In other words, goods required by a majority of the customers are always dealt by such stores.
  • Cooperative societies are an important form of democratic business enterprise because of its diffused ownership. As a result, no single group can secure control over the organization.

Disadvantage

  • It caters to the needs of small and medium-income groups.
  • There is too much dependence on the honesty, integrity and loyalty of members and workers.
  • There is lack of proper sales promotion drives by the sales force of these stores.
  • Management of such stores usually rests in the hands of amateurs. Professional managers cannot be hired due to lack of funds.

Documents Required for Co-Operate Society

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What is cooperative? 

A co-operative (also known as co-op, cooperative or coop) is an autonomous association of people united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled business.

  • Registrar of Cooperative Society provides registration.
  •  Advantages: 
    • Unlike other retailers, cooperative stores supply quality goods. Consumers are thus saved from adulteration and other malpractices.
    • As consumers are the owners and managers of such stores, genuine requirements of the majority of consumers can be met. In other words, goods required by a majority of the customers are always dealt by such stores.
    • Cooperative societies are an important form of democratic business enterprise because of its diffused ownership. As a result, no single group can secure control over the organization.

    Disadvantages: 

    • It caters to the needs of small and medium-income groups.
    • There is too much dependence on the honesty, integrity and loyalty of members and workers.
    • There is lack of proper sales promotion drives by the sales force of these stores.
    • Management of such stores usually rests in the hands of amateurs. Professional managers cannot be hired due to lack of funds.
  • (a) Consumer cooperatives
  • (b) Producer cooperatives
  • (c) Marketing cooperatives
  • (d) Housing cooperatives
  • (e) Credit cooperatives
  • (f) Cooperative Farming societies
“Whenever an individual or a business decides that success has been attained, progress stops” Thomas J. Watson