Justify the following statement :A sports club is not a cooperative society.
Answer»
A cooperative society is a voluntary organization registered under the Cooperative Societies Act.
It mainly aims at protecting and safeguarding the common interests of its members and the public.
It also provides various services and amenities.
Such organizations have to add the word “co-operative” to their names.
Eg. Co-operative Bank, Consumer Cooperative store, Co-operative Housing Society, etc.
Therefore, a sports club cannot be a cooperative society, it is a recreation center, where various sports are introduced and training is given to players.