Model Bye–Laws of Cooperative Housing Society

Shri /Shrimati. ...................................... Is already a member of the ........................................Co-operative Housing Society Ltd., having address at ......................................... holding ten fully paid shares of Rs. Fifty each.

He/ She desires M/s ............................. having address at ........................... . to join him/ her as an associate member for the purpose of holding the shares jointly with him/ her. Accordingly, we make this application for admitting us as an associate member to Shri/ Shrimati ........................... and remit herewith the membership entrance fee of Rs. 100.

The signatory to the application for associate membership is duly authorized by us to sign the application on our behalf. A certified copy of the said letter of authority in this behalf is enclosed.

On our admission as an associate member by the Society, we shall be jointly and severally liable to discharge the present and future liabilities to the society.

The right of attending general body meeting and voting at them will ordinary be exercised by Shri / Shrimati ............................................ whose name stands first in the share certificate, Name of us M/s. ........................... shall stand secondly in the Share Certificate and we shall have no rights or privileges of the membership. However, if Shri/ Shrimati...............................remains absent for General Body meeting of the Society, the we shall have a right to attend such meeting and to caste a vote.

We request you to admit us as an associate member and include our name in the share certificate next after the name of Shri / Shrimati .......................................

The consent of Shri/ Shrimati ........................................... for our admission as an associate member is given below.

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We hereby declare that we are eligible for membership of the society as provided under bye-law No. 18. We hereby submit the Article of Association & Memorandum of Association &Company Registration Certificate.

I, Shri / Shrimati ............................... a member of the ........................... Cooperative Housing Society Ltd., having address at ............................... and holding five fully paid up shares of Rupees fifty each recommend the application made by ............................. for associate membership with me for the purpose of holding the shares jointly on terms and conditions be added in the share certificate(enclose herewith), after my name.

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