Registration of Co-operative Society

Sushant Subba (Querist) 20 May 2011 This query is : Resolved
A Group of Government Employees want to open a Co-operative Society in Gangtok, Sikkim. Is it legal for a Govt. Employees to open a Co-operative Society? Any suggestions as to what We can do, We are a group of Employees who want to do some business in group, share the profit and also use the profit money for the welfare of the Society we live in?

Follow Query

Report Abuse

R.Ramachandran (Expert) 21 May 2011
A government servant cannot form a co-operative society for running a business, even though the profit money will be spent for the wlefare of the society in which one lives in. Government rules do not permit a government servant to indulge in business while in service.

A V Vishal (Expert) 21 May 2011
Government employees can register a co-operative society, if it is for the and the mutual benefit of the employees only. However, if the objects extends to general public then it is not allowed as per the service conditions governing the state government employees in Sikkim.

Advocate. Arunagiri (Expert) 21 May 2011
I differ.

Govt employee can form a co-operative society. But, those employees can not be a office bearers of that society.

M/s. Y-not legal services (Expert) 22 May 2011
Yes. Am agree with mr.arunagiri. Govt employees can form a society..

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries