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Limitations of Co–operative Society Besides the above advantages, the co-operative form of business organisation also suffers from various limitations. Ø Limited Capital: The amount of capital that a cooperative society can raise from its member is very limited because the membership is generally confined to a particular section of the society.

Ø Dependence on Government: The inadequacy of capital and various other limitations make cooperative societies dependant on the government for support and patronage in terms of grants, loans subsidies, etc.Ø Democratic Control: A co-operative society is controlled in a democratic manner.The members cast their vote to elect their representatives to form a committee that looks after the day-to-day administration.Ø Stable Life: A co-operative society has a fairly stable life and it continues to exist for a long period of time.Its existence is not affected by the death, insolvency, lunacy or resignation of any of its members.

Ø Dependence on Government: The inadequacy of capital and various other limitations make cooperative societies dependant on the government for support and patronage in terms of grants, loans subsidies, etc.

Ø Democratic Control: A co-operative society is controlled in a democratic manner.

The members cast their vote to elect their representatives to form a committee that looks after the day-to-day administration.

Ø Stable Life: A co-operative society has a fairly stable life and it continues to exist for a long period of time.

Its existence is not affected by the death, insolvency, lunacy or resignation of any of its members.

Unlike sole proprietors and partners the personal properties of members of the co-operative societies are free from any kind of risk because of business liabilities.