Kesar Harmony, Secretary KH-CHS I have gone through your piece on computerization of cooperative housing societies on indiancooperative.com. In our society we are in a process of shifting the current printed copy of maintenance bills distribution to  PDF format bill through e-mail to member provided e-mail, also extending the facility of payment through NEFT, generate automated receipt to members with the help of a web portal. Need an advice if there are any limitations on doing it. I C ...

National Federation of Urban Cooperative Banks and Credit Societies,(NAFCUB) was invited to the pre-budget consultations of Finance Minister with banks and financial institutions. D. Krishna, Advisor NAFCUB attended the meeting. NAFCUB raised the deductions for provisioning for NPAs u/s 36(1)(vii). Under the above sub section, there are two provisos and an explanatory note. They do not explicitly specify the applicability of the subsection to non-scheduled banks. This requires modification to ...

The consumer cooperatives have the potential of containing the ghost of inflation bothering the nation, said Virendra Singh Chairman of NCCF in Delhi recently. Where are the shops of cooperative retail, asked Mr Singh. We need to have at least a model cooperative retail in each state’s capital to begin with . These shops would act as benchmark for the consumer. A consumer would know the difference as he would get a quality product in much less a price at a cooperative model shop. ...

Er Indra Amar Singh IAS I am running my NGO from last 4 years and now I want to register under the multistate cooperative society under mscs 2002 act, kindly guide us how can we register it I C Naik The Co-operative societies, with objects not confined to a single state and serving the interests of members in more than one state for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles are considered Multi-State ...