Model By–Laws of Cooperative Housing Society
XII. MANAGEMENT OF THE AFFAIRS OF THE SOCIETY (Bye Law No 110 to 140)
Bye Law No 124. Outgoing Chairman to handover charge to new Chairman
When the new Committee is elected, the Secretary of the outgoing committee shall prepare the list of papers and property of the Society in his custody and hand over the charge thereof to the outgoing Chairman. The retiring Chairman shall hand over the charge of the office of the Committee and all papers and property of the Society, in his possession to the Chairman of the new Committee, as per provisions contained in Section 160 of the MCS Act 1960.
Note: The word ‘Paper’ used in this bye–laws and any other bye-laws shall mean all and / or any items mentioned in the bye-laws nos.141 and 142, and data / information in digital form