Society Formation

We provide services regarding Registration of your Co-operative Housing/Commercial Society. Our legal experts will complete all the legal formalities to obtain Registration for your society. We have legal team where they have 30 + experience in this field. Please Contact for more information regarding this matter.

Procedure For Forming A Housing Society in Mumbai

1. Selection of Chief Promoter: To begin with, the law states that at least ten promoters (persons who have signed the application for registration of the society) are needed to form a housing society. A provisional committee selects a Chief Promoter in the first or subsequent meetings.

2. Naming The Society: The promoters then have to decide the name of the society.

3. Submission of Application: The application is submitted to the Registrar stating the intention to form a housing society with the proposed name of the society along with the form for selecting the Chief Promoter.

4. Opening of Bank Account: Once the name approval is obtained from the Registrar, the Chief Promoter must collect the entrance fees and share capital from the members, after which a bank account in the name of the society is to be opened in the branch of the bank permitted by the Registrar. This step has to be completed within three months of receiving name approval. This amount cannot be withdrawn unless the registration procedure is complete.

5. Documents For Housing Society Registration: The application of registration needs to be made with a set of required documents including but not limited to:

• Four copies of the bye-laws, bank balance certificate
• List of promoter members declaring share capital and entrance fee paid by each
• Detailed information about the workings of the society
• Declaration form regarding compliance to the laws
• Statement of accounts
• Affidavits and certificates from architect and advocate
• Indemnity bonds
• 7/12 extract
• Any other documents that may be required by the Registrar.

6. Acknowledgement & Verification: Upon application submission, the Registrar issues a receipt of acknowledgement of the submission and gives it a serial number. Upon verification, the Registrar decides if the final certificate should be granted to the applicants.

7. Notification of Registration: The Registrar then issues a notification of registration in the government gazette along with the registration certificate to the Chief Promoter and the members. The Registrar completes the full proceedings within two months (or less) from the date of proposal.

8. First General Body Meeting: Thereafter, the First General Body Meeting is called to perform tasks such as electing a Chairman, reviewing and approving statement of account, appointing an Auditor, forming a Provisional Working Committee, etc.