Model Bye–Laws of Cooperative Housing Society
Model Bye-Laws - Appendix
APPENDIX – 19
[Under the Bye-law No. 35]
FORM OF INDEMNITY BOND
Application for Membership by the Heir of the Deceased Member of the Society.
(To be given on Stamp Paper of Rs. 200 or to be affixed with adhesive stamps of the same denomination)
(To be given where there is no nomination)
1. I, Shri/Shrimati .................................................. residing at .......................................
an Indian inhabitant state as under:
2. Shri/Shrimati ................................... residing at who was the
member of the Cooperative Housing Society Ltd. having address at................................ died on or about.
3. The said Shri/ Shrimati .............................. had not made a nomination as
provided under Rule 25 of the Maharashtra Co-operative Societies Rules 1961.
4. The said Shri/Shrimati .............................. was holding the share certificate No.
......................................... for ten fully paid up shares of Rupees Fifty each, bearing
distinctive number from ................. to ..................... (both inclusive).
5. The said Shri/ Shrimati ................................ Was holding the flat / tenement no
...................................... on ...................................................
floor, in the building of the society known as .........................................
or in the building No constructed on the plot of land bearing no ..............................
situated at ..........................
The said Shri/Shrimati ........................................ has left behind me as his/her
only heir/the following heirs :
i) Shri/Shrimati ...................................................
ii) Shri/Shrimati ..................................................
iii) Shri/Shrimati ..................................................
iv) Shri/Shrimati ..................................................
As I am the only heir of the deceased Shri/Shrimati ......................................
I inherit his/her shares, and his/her
interest in the said tenement. According to the bye-law No. 35 of the bye-laws of the said society, I am
entitled to make an application for membership of the said society and for transfer of the said shares
and interest of the said deceased member in the said flat / tenement to my name. Accordingly, I have
made an application for transfer of the said shares and the interest of the said deceased member in the
said flat to my name.
OR
According to the bye-law No 35 of the bye laws' of the society, all the above heirs have jointly made an
affidavit, and have suggested my name to make an application for membership of the said society and
for transfer of the said shares and the interest of the said deceased member in the said flat / tenement/
plot of land to my name. Accordingly I have made application for membership of the said society and for
transfer of the said shares and the interest of the deceased member in the said flat / tenement to my
name.
7. I hereby indemnify and keep indemnified the said society and its office-bearers against any
claim demand, suit or other legal proceedings by any other heir/heirs, either lawfully and/or equitably
through the said deceased Shri/Shrimati ....................................... and shall see that the said society
and its office bearers are not put to losses. I further declare and undertake to bear all expenses, costs,
charges in respect of any such claim, demand, suit and/or legal proceedings which may be filed by any
other heir/heirs either lawfully and/or equitably claiming through the said deceased member of the
society.
8. I am fully aware of the fact that the society admits me as its member in place of the said
deceased member of the society only on the basis of the indemnity and undertaking furnished by me.
Signatures
Place:
Date:
Date:
Signature of Applicant
......................................
Signature of nominees other than applicant
1) .................................................................
2) .................................................................
3) .................................................................
| Witnesses:- | |
| 1) Name ......................................... | 1) Signature of the Witness |
| Address ......................................... | |
| 2) Name ........................................ | 2) Signature of the Witness |
| Address ......................................... | |
Place:
Date:
Date:
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