A recent letter from the Registrar’s office has created a lot of confusion inthe cooperative circles. Some are of the opinion, that by this letter/circular, the registrar has made it clear that Associate membership’s in Coop Societies are no more valid.
Before going further, let me reproduce the lletter and the analysis for you :
The above is there for yourself to see. At Aidec we feel it is just a panic situation. It is no more than the Registrar;s office clarifying that the Associate member’s name has to be incorporated in the certificate. Nowhere does it specify that the associate member’s should be mentioned in the sale deed to be an associate member.
We at Aidec, would advice our friends and societies not to panic and continue with the existing system as prescribed in Maharashtra Cooperative Act. Let the associate membership continue as prescribed in the MCA and not as some individual has interpreted it
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