Housing Society Share Capital Bye Law-8

The Authorized Share Capital of the Society shall be Rs 17500 Divided into 350 shares of Rs 50/- each.

Ex. 35x500 = 17500

One share 17500/50 = 350

Society's seal and signature of office bearers on every share certificate

Every such Share Certificate shall bear the seal of the Society and be signed and by the Chairman, the Secretary and one Member of the Committee, duly authorized by the Committee. The same shall be issued by the Secretary of the Society.