Welcome to the world of Karnataka State Souharda Federal Cooperative Ltd, the first Apex Body of New generation cooperatives in India. Souharda Federal Cooperative is a democratically elected self-regulatory organization of the cooperatives registered under Karnataka Souharda Sahakari Act, 1997.Read More...
The earliest co-operatives were set-up among the weavers, in other words workers in cottage industries, who were the first and the hardest hit by the development of the mercantile economy and the industrial revolution.
Conversion of Cooperative Societies under KCS Act, 1959 to KSS Act, 1997
Any type of cooperatives other than housing cooperatives may convert themselves to KSS Act, subject to following conditions :
Procedure of conversion :
The basic guidelines for the formation of Co-operatives under Karnataka Souharda Sahakri Act, 1997 are as follows :
Please note : In the case of Urban Cooperative Banks, Prior permission of Reserve Bank of India is necessary while converting any UCB to new Act.
The basic guidelines for the formation of Co-operatives under Karnataka Souharda Sahakri Act, 1997 are as follows:
- Coop Movement
- Souharda Act
- Souharda Court