Permission to Co-operative Societies for investment of RFD Under Rule 23 of K C S Rule 1960.
The service request is according permission to any Cooperative Soceity to invest the reserve funds or a portion thereof on its own business or in the construction or purchase of buildings or lands required for carrying on the objects of the socities.
Documents to be submitted with application:
1. Application to the jurisdiction office.
2. Board Resolution copy.
3. Audited Financial Statement.
4. Justification for withdrawal of RFD .
5. Copy of the byelaw relating to jurisdiction of the Society.