Model Bye–Laws of Cooperative Housing Society

Model Bye-Laws - Appendix

Appendix-26

(Under the Bye-law No. 40)

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A form of intimation by the society to the transferee about exercise of rights of membership by him.

To,
Shri./Shrimati/Messer's
...................................................
...................................................

1. Upon acceptance of the application for transfer of Shares and interest of Shri/ Shrimati / Messrs ...................................................... in the capital/ property of the society, to you and upon acceptance of your application for membership of this society simultaneously, in the General Body Meeting of the society, held on .......................................... your name has been entered in the Register of Members in "I" Form and in the List of Members in "J" Form and necessary endorsement of transfer of shares held by the transferor to your name has been made in the letter bearing No................................... Upon receiving this letter, you shall be eligible to exercise the rights of membership of this society in accordance with the Act, Rules and the Bye-Laws of the Society.

2. The said share certificate, duly endorsed in your name, is enclosed herewith.
Enclosures: - Share Certificate

Place:
Date:

Yours Faithfully

..........................................

Secretary

The ................... Co-operative Housing Society Ltd.


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