• A society is the Association of persons registered under the provisions of the Societies Registration Act, 1860 with the Registrar of the Societies, with aims and objects and a structure as laid down in the said Act.
  • It is the defined as a group of people living as a community or an organized group of people for a common purpose.
  • The typical sources of revenue for Co-operative Societies are membership fees from its member’s, miscellaneous sources and interest fixed deposits etc.