Nomination
Relevant Model Bye-laws relating to nomination.
Relevant Bye-laws
Nomination by Members
A Member and / or Associate Member of the Society may by writing under his hand, in the prescribed form, nominate a person or persons to whom the whole or part of the shares and / or interest of the Member in the capital / property of the Society shall be transferred in the event of his death. The acknowledgement of the nomination by the Secretary, shall be deemed to be the acceptance of nomination by the Secretary. No fees shall be charged for recording the first nomination. A Member may revoke or revise his nomination, at any time, by making an application, in writing, under his hand, to the Secretary of the Society. The acknowledgement of the variation in nomination / subsequent nomination by the Secretary, shall be deemed to be the cancellation of earlier nomination. Every revision of the nomination shall be charged a fee of Rs. 100/-
Model Bye-laws - Housing Society - English · 2014Recording a Nomination
On receipt of the Nomination form, or the letter for revocation of the earlier nomination, the same shall be placed before the meeting of the Committee, held next after the receipt of the Nomination form, or the letter of revocation of the earlier nomination, by the Secretary of the Society for recording the same in the minutes of the Committee. Every such nomination or revocation thereof shall be entered in the register of nominations by the Secretary of the Society within 7 days of the meeting of the Committee, in which it was recorded.
Model Bye-laws - Housing Society - English · 2014Disclaimer: The information contained in this section is provided solely for general information and reference purposes. The Model Bye-laws displayed here are not intended to constitute a certified or authenticated copy of the bye-laws of any particular Co-operative Housing Society. Bye-laws applicable to individual societies may vary depending upon their registered/adopted bye-laws and subsequent approved amendments. In case of any discrepancy or inconsistency, the applicable registered/adopted bye-laws of the concerned society, together with the Maharashtra Co-operative Societies Act, applicable Rules, Government Resolutions, Notifications, Circulars and orders issued by the competent authority, shall prevail. Users should verify the applicable legal provisions and obtain professional/legal advice wherever required.