A consumers' co-operative society is a voluntary association of persons and is registered under district co- operative department, a consumer cooperative store is a retail unit owned and controlled by consumers. Any consumer can join the consumer cooperative store by buying its shares. Each member has only one vote irrespective of his shareholding.
Members get dividends in proportion to their shares held in the cooperative store. Cooperative stores are run by the consumers themselves for their mutual benefits, the membership of these stores is open to all the students and staff.
This society has shareholders (students and staff), board of directors, chairman, vice - chairman and secretary. The purpose of consumer co-operatives store is to offer goods and services at the lowest cost to the students and staff.