NDMC Employees Co-operative Thrift & Credit Society Ltd.
1. The name of the society is the New Delhi Municipal Committee Employees' Co-operative Thrift & Credit Society Limited and its registered address is town hall, Parliament Street, New Delhi.
2. In these byelaws unless there is anything is anytime repugnant to the subject or context, the expression "the Act" means the Delhi Co-operative Societies Act, 1972 (No. 35 of 1972) and its words and expressions defined in the Act and used in these byelaws shall have the same meaning as assigned to them in the Act and the rules. " The Rules " The Rules" means The Delhi Co-operative Societies Rules, 2007.
The main object of our Society is to promote the savings habit of the members and loans to its members on nominal interest rate for useful purposes & emergency needs with the ultimate aim of improving the living standards of the members, promotion of their moral, educational & physical improvements and encourage the spirit and practice of thrift, self help and mutual help with no profit motive among members, to serve for Economic Development and Social Welfare of members, staff of the society and their children. The Society continues to progress and offers to meet the expectations of the members, true to the Cooperative tradition and spirit.
We stand totally committed & dedicated to the above lofty goal of promoting these aims of co-operative endeavor, so that we can evolve into a strong example of the movement. It is a mission for us.