State Act

THE KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.

6. Application for registration of co-operative societies.- (1) An application for the registration of a co-operative society shall be made to the Registrar in such form 1[and after complying with such formalities]1 as may be prescribed; and the applicants shall furnish to him all such information about the society as he may require. (2) Every such application shall conform to the following requirements, namely:— (a) the application shall be accompanied by 2[five]2 copies of the proposed bye-laws of the co-operative society; 3[(b) Where all the applicants are individuals, the number of applicants shall not be less than twenty and the applicants shall not belong to the same family; and]3 4[(b-1) where all the applicants are cooperative societies, the number of applicants shall not be less than thirteen. Provided that State Government may in special cases permit the applicants co-operative societies less than thirteen.]4 (c) every one of the applicants who is an individual shall be above the age of eighteen years 1[and the applicants shall not be members of the same family. Explanation.—For the purpose of this clause family in relation to a person means an individual, wife or husband, as the case may be, and their dependent children and parents;]1 (d) where the objects of the co-operative society include the creation of funds to be lent to its members and where all the applicants are individuals, the applicants shall reside in the same village or town 1[or in the proposed area of operation of the co-operative society]1 or belong to the same class or pursue the same occupation; (e) the application shall be signed by every one of the applicants who is an individual and by a person duly authorized on behalf of any co-operative society which is an applicant. 1[(f) the application shall be accompanied by such fee as may be prescribed and different fees may be prescribed for different class or classes of co-operative societies.]1 1[(g) in the case of the co-operative which intends to convert itself into a Co-operative Society under this Act, the application shall be accompanied by a resolution of the general meeting of such Co-operative approving such conversion]1