(As per Hon’ble Central Registrar Circular No.R-11017/19/2017-L & M, New Delhi, Date 03 July 2017)
“Multi-state Co-operative societies are functioning as an autonomous Co-operative organizations accountable to their members and not under the administrative control of the Central Registrar, Ministry of Agriculture and farmers’ welfare. Therefore, the depositors/members are advised to take decision for investing deposits based on the performance of the society at their own risk. Central Registrar, Ministry of Agricultural and farmers’ Welfare does not provide any guarantee for these deposits.”
-By order