As per Multi State Cooperative Society Act 2002 and Society Byelaw - Thiru.A.Dhamodharan, Thiru. S.Ponnambalam, Thiru. D.Udhayakumar, Thiru.A.Raman and Thiru.K.Vengatesan are removed from Membership of the Society on 1.5.2016
:: What is Co-op

THE SIMPSON CO-OPERATIVE
What is a co-operative?

A co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. 
Ranging from small-scale to multi-million dollar businesses across the globe, co-operatives employ more than 100 million women and men and have more than 800 million individual members. 

What is the co-operative difference?

Co-operatives are enterprises that put people at the centre of their business and not capital. Co-operatives are business enterprises and thus can be defined in terms of three basic interests: ownership, control, and beneficiary. Only in the co-operative enterprise are all three interests vested directly in the hands of the user. 

Co-operatives put people at the heart of all their business. They follow a broader set of values than those associated purely with making a profit. Because co-operatives are owned and democratically-controlled by their members (individuals or groups and even capital enterprises) the decisions taken by co-operatives balance the need for profitability with the needs of their members and the wider interests of the community.

Co-operatives are also enterprises that follow a set of principles and values - The Co-operative Principles. The Co-operative Identity Statement elaborated in 1995 by the ICA is the internationally recognized definition of the co-operatives, its values, and principles
Online Enquiry      


Latest News


Daily Tips
Tip of the day
If A is success in life, then A equals x plus y plus z. Work is x; y is play; and z is keeping your mouth shut
-- Albert Einstein
Copyright © 2012 - Simpson Coop Society - All Rights Reserved. Developed by ArcherWebSol
The Simpson & Group Companies Employees' Co-operative Society Ltd.,
REGD.NO.MSCS/CR-14/91
No.1, Desi Colony, Perambur High Road,Chennai - 600012.
Phone No.044-65474724,26624778,65474725
Visitor Count