Hi all,
Hope this email finds you well.
We are elated to announce that Prav app project has reached the minimum required members needed for registering a Multi State Cooperative Society in India!
We have got 50+ members from the states of Kerala and Maharashtra, fulfilling the legal requirement of 50 pledges from two Indian states. You can check the number of member separated on basis of state at https://prav.app/become-a-member.
Currently, we are finalizing bye-laws for the co-operative society and are looking forward to register as soon as possible. If you are familiar with drafting legal documents in general, your help and insights into crafting the bye-laws would be greatly appreciated.
Please note that you can still become a member of the co-operative by submitting the membership form at https://prav.app/become-a-member.
However, also keep in mind that all members have to be a citizen of India.
Thanks to the co-operative structure, all members will get 1 vote irrespective of how many shares they bought, for general decision-making and to elect the board of directors of the Prav co-operative society.
Lastly, we would like to sincerely thank all those who have pledged to join the co-operative, volunteered for the project, or helped with outreach.
Your help was and will continue to be extremely useful for furthering the goals of Prav.