Article 243ZI of CoI : Article 243ZI: Incorporation of co-operative societies.
CoI
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Explanation using Example
Example 1:
Ravi and his friends in a village in Maharashtra decide to form a co-operative society to help local farmers get better prices for their produce. They voluntarily come together and approach the state government to incorporate their co-operative society. The Maharashtra state legislature, under the provisions of Article 243ZI, enacts a law that outlines the process for incorporating such societies. This law ensures that the co-operative society is formed based on democratic member-control, meaning all members have a say in the decision-making process, and membe...
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