If members decide to close down their Co-operative and bring the business of the Co-operative to an end, this is referred to as “winding up” or deregistering the Co-operative.

  • There are three reasons why you might have to wind up your Co-operative.
    1. The members may decide to do this at a general meeting.  In that case, you need to pass a special resolution and 75% of the members will have to vote in favour of the resolution.  If you do this, then you will need to complete form CR9 to inform the Registrar of Co-operatives that the members have voluntarily decided to deregister their Co-operative.
    2. A Co-operative may be ordered by a Court to wind up its business if it is unable to pay its debts, it appears just and equitable to do so and there is no reasonable probability that it will be able to pay its debts or become a viable co-operative.
    3. The Minister of Trade and Industry may order a Co-operative to deregister if the Registrar of Co-operatives finds that the Co-operative has committed fraud to get registered, or has not fulfilled its obligations (such as not doing the business for which it was formed) or has not followed the rules of its constitution or the Co-operatives Act.  The Minister must listen to the Co-operative’s side of the story before deciding. 

If the assets of a co-operative exceed R1000,00, the co-operative must follow a liquidation process.  When a Co-operative is liquidated, its remaining assets and property will be distributed by a liquidator.  The liquidator will sort out claims against the Co-operative, payments of its debts, collection of money still owed to it, payment of share capital to shareholders, and the payment of any remaining surplus to the members according to the proportion of transactions each of them did with the Co-operative.  If the assets of a co-operative are less than a R 1000, then the co-operative can follow a normal deregistration process.

Voluntary Winding up (deregistration) of a co-operative

The members may decide to voluntarily deregister the co-operative at a general meeting.  In that case, you need to pass a special resolution and 75% of the members will have to vote in favour of the special resolution tovoluntarily  wind up the co-operative. 

To voluntarily deregister your co-operative, follow these steps:

Register as a Customer

To view information on how to register as a customer, click here.  If you are already registered as a customer, and know your customer code and password, proceed to step 2.

Apply for voluntary winding up (deregistration) of your co-operative

icons-print.pngPrint and complete form CO-OP10.
icons-upload.pngScan and e-mail or post the completed and signed documents together with supporting information to cooperativesonline@cipc.co.za

icons-doc.pngThe following supporting documents must be included:

    • A copy of the notice convening the meeting and setting out the proposed resolution and the reasons therefore
    • Power of attorney – if representative

Please note that full finalisation of de-registrations is dependent on statutory advertisement process which is in excess of 3 months.

Service turnaround time:  15 working days from date of receipt of an applicaition.

Click here to lodge an enquiry.

Important:  Queries relating to  transactions already lodged should only be submitted once the Service Turnaround Time has lapsed.

Liquidation or Winding up by Court Order

To wind up a co-operative by court order, follow these steps:

Register as a Customer

To view information on how to register as a customer, click here.  If you are already registered as a customer, and know your customer code and password, proceed to step 2.

Wind up the co-operative by court order

icons-upload.pngScan and e-mail the following to cooperativesonline@cipc.co.za:

  • Court order to commence winding up proceedings.

Service turnaround time:  15 working days from date of receipt of an application.

Please note that full finalisation of deregistrations is dependent on statutory advertisement process which is in excess of 3 months.

Click here to lodge an enquiry.

Important:  Queries relating to  transactions already lodged should only be submitted once the Service Turnaround Time has lapsed.

Deregistration by order of the Minister of Small Business Development 

To wind up a co-operative by order of the Minister of Trade and Industry, follow these steps:

Deregistering the co-operative by order of the Minister of Small Business Development 

  • The Registrar will notify the co-operative of liquidation or winding up proceedings.

Service turnaround time:  15 working days from date of receipt of an application.

Please note that full finalisation of deregistrations is dependent on statutory advertisement process which is in excess of 3 months.

Click here to lodge an enquiry.

Important:  Queries relating to  transactions already lodged should only be submitted once the Service Turnaround Time has lapsed.