Permission of the Society not required sublet
Bye-laws 43(b) Permission of the Society not required sublet : No permission of the Society is required to sublet the flat/ shop. However th...
Wednesday, 29 August 2018
Restrictions on assignment of occupancy right in the flat Bye - Laws 44
No Member of the Society shall assign, mortgage or create any charge on his occupancy right in the flat without the previous permission in w...
Transfer of Shares and interest Bye Law 38
Transfer of Shares and interest in the Capital/Property of the Society Bye Law 38 A) A Member, desiring to transfer his shares and interest ...
Tuesday, 28 August 2018
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...
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...
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...
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...
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...
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...
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...
