Housing Society Bye-laws are the rules and regulations laid down for the proper and peaceful running of the co-operative housing societies. Co-operative society bye-laws are approved by the government authorities and are formed with the intention to help the societies self-regulate themselves.
Model Bye–Laws of Cooperative Housing Society
VIII. RESPONSIBILITIES AND LIABILITIES OF MEMBERS
(C) Cessation of Membership (Bye Law No 55 to 59)
Bye Law No 55. Circumstances under which a person ceases to be a Member
The person shall cease to be the Member of the Society:
|a.||On his resignation from Membership of the Society having been accepted by the committee.|
|b.||On transfer of all his shares and interest in the capital/property of the Society.|
|c.||On his death.|
|d.||On his expulsion from the Membership of the Society.|
|e.||On being adjudged as an insolvent or legally disabled from continuing as Member.|
|f.||If the whereabouts of the Member are not known for continuous seven years and if his shares & interest in the property/capital of the Society is not claimed by anybody else.|
|g.||On cessation of right/title & interest of a Member in the property of the Society, by way of legal attachment or sale.|
|h.||Any transfer if void as provided under bye law number 38 (d)|
The Committee shall take further action in the matter as indicated in the bye-law No.61.
Bye Law No 56. Circumstances under which the person shall cease to be Associate Member
The person shall cease to be the Associate Member of the Society, when the Member, whose name stands first, ceases to be the Member of the Society or on the death of the Associate Member or on the acceptance of the resignation of the Associate Member by the Committee,
However the associate member shall not cease to be Associate Member when the First Member ceases to be the member of the society if the Associate Member holds title and interest in the property jointly with the member.
The Committee shall take further action in the matter as indicated in the Bye-law No. 62.
Bye Law No 57. Circumstances under which the person occupying the flat on behalf of the firm / company ceases to be the nominal Member
If there is a Nominal Member, occupying the flat on behalf of the firm, company or any other body corporate he shall cease to be as such Member of the Society:
|a.||On his death.|
|b.||On the acceptance of his resignation by the Committee.|
|c.||On cessation of Membership of the original Member on whose behalf he occupies the flat in the Society.|
|d.||On cessation of his nomination on account of expulsion of the original Member.|
|e.||On intimation from the original Member of termination of the occupants nomination.|
The Committee shall take further action in the matter as indicated in the bye-law No.58.
Read other Co-operative housing society bye-laws:
Bye-law No 52
Bye-law No 53
Bye-law No 54