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Bye Laws

The Bye-Laws of the Co-Operative Housing Society Limited

(Tenant Co‐Partnership Housing Society)

Bye-Laws No.

Subject Matter of the Bye-Laws

I. PRELIMINARY
1 (a) Name of the Society
(b) Procedure of changing the name
(c) Classification
2 (a) Address of the Society
(b) Intimation of change in the address of the Society
(c) Procedure for changing the address of the Society
(d) Exhibition of the name Board

II. INTERPRETATIONS
3 Interpretations of the words and terms

III. AREA OF OPERATION
4 Area of operation of the Society

IV. OBJECTS
5 Objects of the Society

V. AFFILIATION
6 Affiliation of the Society to other co-op, Institutions

VI. FUNDS, THEIR UTILISATION AND INVESTMENT

(A) Raising of Funds
7 Different modes of raising the funds of the Society

(B) Share Capital
8 Authorised share capital of the Society
9 Issue of share certificates to the members of the Society
10 Society's seal and signatures of office-bearers on each share certificate

(C) Limit of Laibilities
11 Restrictions on incurring liabilities of the Society

(D) Constitution of the Reserve Fund
12 (i) How the Reserve Fund shall be constituted
(ii) Appropriation of the amounts to the Reserve Fund of the Society

(E) Creation of Other Funds
Other Funds to be created by the Society
13 (a) Creation of the Repairs and Maintenance Fund by the Society
(b) Creation of Major Fund by the Society
(c) Creation of the Sinking Fund by the Society
(d) Creation of Education and Training Fund

(F) Utilisation of Funds by the Society
14 (a) Utilisation of the Reserve Fund
(b) Utilisation of the Repairs and Maintenance Fund by the Society
(c) Utilisation of Sinking Fund
(c) Utilisation of Education & Training Fund

(G) Investment of Funds
15 Modes of investment of funds of the Society

VII. MEMBERS, THEIR RIGHTS, RESPONSIBILITY AND LIABILITIES

I. MEMBERSHIP
16 (A) Classes of Members
(B) Eligibility for Membership
17 (a) Eligibility of individuals for membership of the Society
(b) Eligibility of Minor or a person of unsound mind for membership of the society
(c) Admission of person to society's membership subject to the collector's approval
18 Eligibility of Corporate Bodies for membership of the Society
(C) Conditions of Membership
19 (a) Conditions for Individuals desiring to be members of the Society
(b) Conditions of associate membership of the Society
(c) Conditions of membership for bodies corporate desiring to become member of the Society
20 Conditions for nominal membership of the Society
21 Procedure for disposal of application for membership

II. RIGHTS AND DUTIES OF MEMBERS
22 (A) Rights of Members
(B) Getting Copy of the Bye-laws, Audit Report
23 Rights of inspection of documents and getting copies thereof
Inspection of Books of Records
Rights of inspection of documents and getting copies thereof
(C) Occupation of Flats
24 (a) Rights of Occupation of Flats
(D) Restrictions on Rights of Associate and Nominal Members
25 No rights of membership to an associate member except that under Section 27(2) of the Act
26 No right of membership to a nominal member
(E) Resignation of Membership
(1) Resignation by Member
27 (a) Notice of resignation of membership of the society
(b) Resignation not be accepted unless charges of the society are fully paid
(c) Communication of the amount of charges of the society outstanding to the member
(d) Acceptance of resignation where no charges of the society are outstanding
(e) Communication of reasons for rejection of resignation
(2) Resignation by an Associate Member
28 Resignation by an associate member
(3) Resignation by a Nominal Member, Occupying the flat on behalf of the Firm, Company or any other Body Corporate
29 Resignation by a Nominal Member, Occupying the flat on behalf of a firm, company or any other body corporate
(4) Resignation by a Nominal Member, who is Sub lettee Licensee, Caretaker, etc.
30 Resignation by a a sub-lettee, Licensee or Caretaker
31 Acquisition of shares and interest of the member in the capital / property of the Society
(F) Nominations by Members
32 Procedure for Nomination by a member and its revocation
33 Recording of Nomination or revocation of earlier nomination
34 Transfer of shares and interest of the deceased member in the capital / Property of the society to the nominee
35 Transfer of shares and interest of the deceased member in the capital / Property of the Society heir
36 Payment of the value of shares and interest of the deceased member, in the capital/property of the Society to the nominee/nominees
37 Payment of the value of shares and interest of the deceased member in the capital/ property of the Society to the heir/ legal representative
(G) Transfer of shares and interest in the Capital/ Property of the Society
38 (a) Notices of transfer of Shares and interest in the Capital/ Property of the Society
(b) Secretary to place such notice before next Committee Meeting
(c) Informing ineligibility within 8 days
(d) No Objection Certificate not required but if required may be issued within 1 month
(e) Documents to be submitted by the Transferor/Transferee
39 (a) Disposal of application for transfer of Shares and interest of the member in the capital/ property of the society
(b) The Committee/ General Body not to ordinarily refuse any application for membership or transfer of shares and / or interest in the capital/ property of the Society
(c) When application for transfer of Shares and interest in the Capital/property of the Society, shall be deemed to have rejected
(d) Unauthorised transfer-null and void
40 Rights of membership, since when to be exercised by the transferee
(H) Exchange of Flats
41 Application for exercising of flats by the members of the Society
42 Disposal of application for exchange of flats by the members of the Society.
(I) Sub-letting etc. of Flats
43 (a) Sub-letting not permissible except under the Society's permission
(b) Application for getting permission to sub-let etc the flat
44 Restrictions on assignment of occupancy right in the flat

VIII. RESPONSIBILITY AND LIABILITIES OF MEMBERS

(A) Maintenance of Flats by Member
45 Flat to be kept clean
46 (a) Additions and alterations in a flat to be carried out with the Committee's permission
(b) Application for permission (and making additions and alterations in flat)
47 (a) Examinations of flats by Secretary and report about repairs to Flats
(b) Notice to the member about carrying out repair in his flat, by the Society at its cost
(c) Notice to the member for carrying out repairs to his flat at his cost
48 Restrictions on storing of certain goods
(a) Not to do anything in a flat causing inconvenience nuisance or annoyance to other members
(b) Committee to take action on complaints about violation of the provisions of bye-laws No. 50(a)

(B) Explusion of a Member
49 Grounds on which a member can be expelled