After death of Member, What Committee should do? 1. The managing committee of the society should verify the nomination form duly submitted by the deceased member, and application for member... Continue Reading Share This: Facebook Twitter Google+
After death of Member, What Nominee should do 1. Nominee/s should submit an application for membership within 6 months of the death of the member. 2. If there is more than one nominee, s... Continue Reading Share This: Facebook Twitter Google+
Rights of the Nominee Housing Society 1. After death of the member, the nominee will be entitled to all the rights in the member's shares to the exclusion of all other person... Continue Reading Share This: Facebook Twitter Google+
Payment of the value of Shares and interest of the deceased Member in the capital / property of the Society to the heir / legal Representative Bye - Law-37 1) If, in the opinion of the Committee, there is only one heir / legal representative of the deceased Member and if he demands payment of t... Continue Reading Share This: Facebook Twitter Google+
Payment of the value of Shares and interest of the deceased Member in the Capital / Property of the Society Bye - Law 36 1) If there is a single nominee and if he demands payment of the value of Shares and interest of the deceased Member, in the capital/proper... Continue Reading Share This: Facebook Twitter Google+
Transfer of Shares and interest of the Deceased Member in the Capital / Property of the Society to the heir Bye Laws-35 1) Where a Member of the Society dies without making a nomination, or no nominee comes forward for transfer, the Society shall invite withi... Continue Reading Share This: Facebook Twitter Google+
Transfer of shares and interest of the deceased Member in the capital / property of the Nominee/Nominees Bye Law-34 1. Subject to the provisions of Section 30 of MCS Act. 1960 Bye-law No. 17A or 19 , on the Death of a Member, the Society shall transfer t... Continue Reading Share This: Facebook Twitter Google+
Recording of Nomination Revision Bye-Law 33 1. On receipt of the Nomination form, or the letter of revocation of the earlier nomination, the same shall be placed before the meeting of ... Continue Reading Share This: Facebook Twitter Google+
Nomination Fees Housing Society 1. No Fees shall be charges for recording the first nomination. 2. A Member may revoke or revise his nomination, at any time, by making an a... Continue Reading Share This: Facebook Twitter Google+
Recording of Nomination or revocations/revisions thereof Bye - Law 33 On receipt of the Nomination form, or the letter for revocation of the earlier nomination, the same shall be placed before the meeting of th... Continue Reading Share This: Facebook Twitter Google+