Crescent Cooperative Ltd (CCL) on Sunday held a general body meeting at Anantnag to consider the Amendments in its Articles of Association (AOA) in light of the Amendments made by the Govt. in Self Reliant Cooperatives Act 1999.
The meeting was attended by required members who unanimously decided to pass the resolution of amendments in the AOA.
CCL is an autonomous interest-free financial institution registered with the government under Self Reliant Cooperatives Act 1999.
The Cooperative is successfully providing interest-free financial services to its members since April 2015. Till date, it has sponsored 77 Credit policies among its 118 basic members.
Any permanent resident of J&K state desirous to avail the services offered by the Cooperative can obtain its membership. Associate membership is also provided to children in order to inculcate the habit of thrifts among them.
