Co-operative Society is a society formed by mutual interest of its members and registered under the society act, where as
A Private company is formed by two or more persons called promoters/directors and registered under the companies act as a Private limited company(PVT.LTD) to do any business for profit.
Main object of a co-operative society is not to earn profit and a income and expenditure ,Balance sheet is prepared to calculate the surplus and the accounts are audited by the Co-operative Auditors.
where as the basic object is to earn profit in A PVT.LTD. and Profit&loss accounts and Balance sheet is prepared to distribute dividend if any and accounts are audited by Individual Chartered accountants firm as statutory auditors appointed by the members.
The co-operative society are govern by the Society Act where as A Private company are govern by the companies Act.