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Maharashtra Co-Operative Societies can be registered with at least 10 persons and registration process usually need to comply with MSC Act 1960.
A society has a purpose of the promotion of the economic interests or general welfare of its members or of the public, in accordance with co-operative principles or a society established with the object of facilitating the operations of any such society may be registered under this Act, provided that, no society shall be registered if it is likely to be economically not sound, or the registration of which has an adverse effect on development of the co-operative movement, or the registration of which may be contrary to the policy directives which the State Government may, from time to time, issue.
A society may be registered with limited or unlimited liability.
According to the latest circular on Co-Operative Society Audits, below are some important dates:
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