About || Jeevan Jyothi Credit Society

Our Respected President

Shri. Guru Vasudev

Shri. Guru Vasudev is a distinguished Business Strategist, Mentor, and Business Coach with over 33 years of professional experience and strong entrepreneurial capabilities. He has achieved remarkable success in organizational growth and business development across the competitive BFSI and FMCG sectors.

His qualifications include MBA, B.Ed., Digital Marketing, Journalism, and Business Computing. As a Business Coach, he has worked with leading B-Schools, agents, business leaders, corporate managers, and entrepreneurs across PAN India, helping them develop their capabilities through knowledge and guidance.

His leadership places people's growth above business success, with a focus on creating value that contributes to the social and economic advancement of individuals and a better quality of life. He is also the creator of the “Exceptional Specialist in Humanity Relationship Growth System,” which focuses on the power of human relationships and sustainable growth.

Vice President

Dr. Jolly Antony

Dr. Jolly Antony is the Founder and CEO of Al Safina Travel and Tourism, UAE, Managing Director of The FOG Resort and Spa, Munnar, Chairman of VIBE Munnar Resort and Spa, and Chairman of Growvia.Biz. He also holds leadership positions across ventures including Kerala Farm, Safina Holidays Private Limited, The Great Marina Mall, Good Shepherd College of Hotel Management, Rani Drug House, WRV Gold and Diamond, URBX College of Hotel Management, Explore the Wonders, and Novacera.

With around 20 years of experience, he has established himself across the travel, tourism, hospitality, and farm tourism sectors in the Middle East and India. His passion for travel has taken him to 84 countries, and he is recognised as the first Keralite to purchase a piece of the Moon from the Lunar Society, New York.

His recognitions include an Honorary Doctorate in Travel and Tourism, being named among the 100 Influential Keralites by IMG Media in 2018 and 2019, Entrepreneur of the Year 2016 by Global Media, Entrepreneur of the Year 2017 by World Malayalee Council, Switzerland, and the World Business Leader Award in 2019 by PricewaterhouseCoopers.

Jeevan Jyoti

REGULATORY-UPLOAD CERTIFICATE OF REGISTRATION

Multi State Co-Operative Societies ACT, 2002

An Act to consolidate and amend the law relating to co-operative societies, with objects not confined to one State and serving the ROI of members in more than one State, to facilitate the voluntary formation and democratic functioning of co-operatives as people's institutions based on self-help and mutual aid and to enable them to promote their economic and social betterment and to provide functional autonomy , was being felt necessary by the various co-operative societies, and federation of various co-operative societies as well as by the Government. In order to achieve the objective . The Multi-State Co-operative Societies Bill was introduced in the Parliament. The bill having been passed by both the Houses of Parliament received the assent of the President on 3rd July 2002 and it came on the Statute Book as The Multi State Co-operative Societies ACT 2002 (39 of 2002).

Multi State Co-operative Societies are formed for a particular purpose at the time of inception as mentioned in their respective bye laws. Some of the variants of the MSCs are Credit, Agro, Housing, Co-operative Banks, Marketing, Tourism, Consumer, Fisheries, Multi purpose, Diary etc. Government of India has come forward to extend more support to the Societies through suitable legislations and amendments. In short, the main features of the amendment bill are as follows;

The Central Government approved the Multi-State Co-operative Societies (Amendment) Bill, 2022.

The aim of the recently approved legislation is to rationalize the role of multi-state co-operative societies and increase their members’ participation. This is done to increase public’s faith in these institutions.

In order to realize this goal, the legislation seeks to boost transparency and accountability and improve governance in multi-state co-operative societies.

To improve the governance of these co-operative societies, the amendment Bill proposes the establishment of Co-operative Election Authority, Co-operative Information Officer, and Co-operative Ombudsman.

The Co-operative Election Authority will ensure that elections in co-operative societies are conducted in a fair, free and timely manner. In order to bring electoral discipline, the amendment Bill proposes barring offenders for three years.

The Co-operative Ombudsman will provide mechanism for the redressal of grievances of members in an organized manner.

The Co-operative Information Officer will increase transparency by providing access to information to the members of co-operatives in a timely manner.

In order to boost ease of doing business in the sector, the legislation proposes to shorten the registration period. It also allows applicants to seek extra time of 2 months to rectify mistakes. It also digitizes the submission and issuance of documents.

The bill proposes the inclusion of co-opted directors with experience in the field of banking, management, co-operative management and finance in the board of the multi-state co-operative societies.

To boost funding for multi-state co-operative societies, the bill has provisions for the issuance of non-voting shares.

The Rehabilitation, Reconstruction & Development Fund will be set up to revitalize struggling co-operative societies.

The bill seeks to increase accountability of multi-state co-operatives by improving the auditing mechanism.

ABOUT US

About us

Our Respected President

Shri. Guru Vasudev

Vice President

Dr. Jolly Antony

Board Of Directors

T K Ramachandran

Maheswari S

Revathy Kathirvel

Nithin Vishnuraj Vyasan

Arpit N Shah

Niveditha N K

Sreekala S

Sudheer KM

Anand A

Our management team

Adv. Arun Kumar C M

K C Krishnanunni Menon

V ABIJITH

REGULATORY-UPLOAD CERTIFICATE OF REGISTRATION

Multi State Co-Operative Societies ACT, 2002

10+

10k+

35+

40K+

CORE RESPONSIBILITY

+91 9384663571

info@jeevanjyoticreditsociety.com

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