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State of Jharkhand - Section

Section 5 in Jharkhand Co-operative Societies Rules, 2008

5. Classification, sub classification and minimum share capital required at the time of registration.

- The minimum share capital required for registration of a society shall be as mentioned in table below against each class or sub class of society
Sl. No. Category Sub class Minimum share capital required at the time ofshare participation (rupees in lakhs)
1 Apex/ Federation Apex bank 500.00
    Consumer Federation 25.00
    Fruits and Vegetable Growers' Federation 10.00
    Labour Federation 5.00
    Industrial Federation 10.00
    Weavers Federation 10.00
    Fishermen Federation 5.00
    Other Federation 5.00
2 Central Societies and Union Central Bank   300.00
    Central Consumer Stores 10.00
    Labour Union 2.00
    Industrial Union 5.00
    Weavers Union 5.00
    Fishermen Union 2.00
    Other Union 2.00  
3. Primary Society Primary Urban Cooperative Bank   200.00
    Primary Consumer Stores 1.00
    Labour Society .10
    Industrial Society 1.00
    Weavers Society .25
    Fishermen Society .25
    Other Society .25