Division of Co operative society in two parts.
1 year ago
We have a co operative society having X numbers of Bungalows and 14 shops constructed on a Society land. Society owns the shops and gets rent . We want to divided the society in two parts. Part A comprising of X Bungalows and Part B Comprising the shops . And make them two independent societies. The members will remain same and will get membership certificates for A and B separately. Can this be done ?
A.Dear Client
The answer to this question lies on the fact that which state you are from and what are the rules regarding the formation of society in that state or city. better you should approach the registrar in your locality and seek clarification.
The answer to this question lies on the fact that which state you are from and what are the rules regarding the formation of society in that state or city. better you should approach the registrar in your locality and seek clarification.
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