A cooperative society is a non-profit organization. It can also be defined as the association of people to meet their common economic, cultural, and social needs. It is an association that is controlled democratically. The members of a cooperative society advocate common aspirations. In other words, it is also a legal entity that pools human resources together in the spirit of self-help. It provides all the services and support to all its member.
As per the Cooperative society Act 1912, the cooperative society that has the objective of promoting the economic interest can register itself as limited or unlimited liability. They can file applications with ten adult members of the same caste, Tribe or occupations