The profits of the society are distributed among members in the ratio of purchases made by them during the year. Member of co-operative society is Consumer. Features of Consumers’ Cooperative Society. Learn more. Sahara credit cooperative society - Since last two year "Fixed deposit amount not paying " By Hema on 07 Jun 20 . My name is Hema Sharma i live in Dehradun uttarakhand. Consumer’s Cooperative Law and Legal Definition Consumer’s cooperative refers to a group that purchases consumer goods for selling it in retail to its members. Consumer cooperative system helps to reduce the cost of the goods by eliminating the middleman’s profit. Super Bazar working under the control of Government is an example of consumers’ cooperative society.

Get Name, Address and Contact details for Consumer Co-operative Societies in India The co-operative society is bound to provide all services to the member of the society as are prescribed under the consumer protection Act. 2. Consumer Co-operative Societies in India. The Project has two primary goals: To analyze the hypothesis that humans may be on the threshold of a new historical stage: one characterized by cooperation, democracy, the equitable distribution of resources, and a sustainable relationship with nature.

i opend a fixed deposit account in (sahara credit coopretive socity limited haridwar) on 31-Dec-2016 and maturity date was 30-Jun-2018. Whenever the consumers of a particular area collectively establish a cooperative society with a view to purchasing daily necessary commodities at the optimum price this cooperative society is called Consumers’ Cooperative Society.It is a voluntary association of persons and is registered under the Co-operative Societies Act. consumer cooperative meaning: a business that is owned by a group of its customers, who share any profits that it makes: . The Cooperative Society Project is a nonprofit initiative begun in 2015.

Producers cooperatives: A member of the Co-operative Society is a consumer under the Consumer Protection Act. Consumer’s cooperatives or cooperative stores are working mainly in urban areas in India.