ByLaws No. |
Subject Matter of the ByLaws |
I. PRELIMINARY |
1 |
(a) |
Name of the Society |
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(b) |
Procedure of changing the name |
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(c) |
Classification |
2 |
(a) |
Address of the Society |
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(b) |
Intimation of change in the address of the Society |
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(c) |
Procedure for changing the address of the Society |
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(d) |
Exhibition of the name Board |
II. INTERPRETATIONS |
3 |
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Interpretations of the words and terms |
III. AREA OF OPERATION |
4 |
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Area of operation of the Society |
IV. OBJECTS |
5 |
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Objects of the Society |
V. AFFILIATION |
6 |
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Affiliation of the Society to other co-op, Institutions |
VI. FUNDS, THEIR UTILISATION AND INVESTMENT |
(A) Raising of Funds |
7 |
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Different modes of raising the funds of the Society |
(B) Share Capital |
8 |
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Authorised share capital of the Society |
9 |
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Issue of share certificates to the members of the Society |
10 |
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Society's seal and signatures of office-bearers on each share certificate |
(C) Limit of Liabilities |
11 |
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Restrictions on incurring liabilities of the Society |
(D) Constitution of the Reserve Fund |
12 |
(i) |
How the Reserve Fund shall be constituted |
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(ii) |
Appropriation of the amounts to the Reserve Fund of the Society |
(E) Creation of Other Funds |
Other Funds to be created by the Society |
13 |
(a) |
Creation of the Repairs and Maintenance Fund by the Society |
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(b) |
Creation of Major Fund by the Society |
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(c) |
Creation of the Sinking Fund by the Society |
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(d) |
Creation of Education and Training Fund |
(F) Utilisation of Funds by the Society |
14 |
(a) |
Utilisation of the Reserve Fund |
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(b) |
Utilisation of the Repairs and Maintenance Fund by the Society |
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(c) |
Utilisation of Sinking Fund |
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(d) |
Utilisation of Education & Training Fund |
(G) Investment of Funds |
15 |
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Modes of investment of funds of the Society |
VII. MEMBERS, THEIR RIGHTS, RESPONSIBILITY AND LIABILITIES |
I. MEMBERSHIP |
16 |
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(B) Eligibility for Membership |
17 |
(a) |
Eligibility of individuals for membership of the Society |
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(b) |
Eligibility of Minor or a person of unsound mind for membership of the society |
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(c) |
Admission of person to society's membership subject to the collector's approval |
18 |
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Eligibility of Corporate Bodies for membership of the Society |
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(C) Conditions of Membership |
19 |
(a) |
Conditions for Individuals desiring to be members of the Society |
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(b) |
Conditions of associate membership of the Society |
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(c) |
Conditions of membership for bodies corporate desiring to become member of the Society |
20 |
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Conditions for nominal membership of the Society |
21 |
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Procedure for disposal of application for membership |
II. RIGHTS AND DUTIES OF MEMBERS |
22 |
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23 |
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Rights of inspection of documents and getting copies thereof |
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Inspection of Books of Records |
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Rights of inspection of documents and getting copies thereof |
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24 |
(a) |
Rights of Occupation of Flats |
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25 |
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No rights of membership to an associate member except that under Section 27(2) of the Act |
26 |
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No right of membership to a nominal member |
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27 |
(a) |
Notice of resignation of membership of the society |
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(b) |
Resignation not be accepted unless charges of the society are fully paid |
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(c) |
Communication of the amount of charges of the society outstanding to the member |
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(d) |
Acceptance of resignation where no charges of the society are outstanding |
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(e) |
Communication of reasons for rejection of resignation |
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28 |
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Resignation by an associate member |
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29 |
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Resignation by a Nominal Member, Occupying the flat on behalf of a firm, company or any other body corporate |
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30
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Resignation by a a sub-lettee, Licensee or Caretaker
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31 |
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Acquisition of shares and interest of the member in the capital / property of the Society |
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32 |
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Procedure for Nomination by a member and its revocation |
33 |
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Recording of Nomination or revocation of earlier nomination |
34 |
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Transfer of shares and interest of the deceased member in the capital / Property of the society to the nominee |
35 |
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Transfer of shares and interest of the deceased member in the capital / Property of the Society heir |
36 |
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Payment of the value of shares and interest of the deceased member, in the capital/property of the Society to the nominee/nominees |
37 |
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Payment of the value of shares and interest of the deceased member in the capital/ property of the Society to the heir/ legal representative |
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38 |
(a) |
Notices of transfer of Shares and interest in the Capital/ Property of the Society |
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(b) |
Secretary to place such notice before next Committee Meeting |
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(c) |
Informing ineligibility within 8 days |
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(d) |
No Objection Certificate not required but if required may be issued within 1 month |
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(e) |
Documents to be submitted by the Transferor/Transferee |
39 |
(a) |
Disposal of application for transfer of Shares and interest of the member in the capital/ property of the society |
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(b) |
The Committee/ General Body not to ordinarily refuse any application for membership or transfer of shares and / or interest in the capital/ property of the Society |
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(c) |
When application for transfer of Shares and interest in the Capital/property of the Society, shall be deemed to have rejected |
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(d) |
Unauthorised transfer-null and void |
40 |
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Rights of membership, since when to be exercised by the transferee |
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41 |
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Application for exercising of flats by the members of the Society |
42 |
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Disposal of application for exchange of flats by the members of the Society. |
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43 |
(a) |
Sub-letting not permissible except under the Society's permission |
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(b) |
Application for getting permission to sub-let etc the flat |
44 |
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Restrictions on assignment of occupancy right in the flat |
VIII. RESPONSIBILITY AND LIABILITIES OF MEMBERS |
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45 |
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Flat to be kept clean |
46 |
(a) |
Additions and alterations in a flat to be carried out with the Committee's permission |
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(b) |
Application for permission (and making additions and alterations in flat) |
47 |
(a) |
Examinations of flats by Secretary and report about repairs to Flats |
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(b) |
Notice to the member about carrying out repair in his flat, by the Society at its cost |
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(c) |
Notice to the member for carrying out repairs to his flat at his cost |
48 |
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Restrictions on storing of certain goods |
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(a) |
Not to do anything in a flat causing inconvenience nuisance or annoyance to other members |
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(b) |
Committee to take action on complaints about violation of the provisions of byLaws No. 50(a) |
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49 |
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Grounds on which a member can be expelled |
50 |
(a) |
Procedure for expulsion of member |
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(b) |
Forfeiture of shares of the expelled member |
51 |
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Effect of expulsion on membership of the society |
52 |
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Handling over vacant possession of the flat by the expelled member |
53 |
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Acquisition on the shares and interest of the expelled member |
54 |
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Eligibility of the expelled member for re-admission to membership of the Society |
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55 |
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Circumstances under which the person shall cease to be a member of the society |
56 |
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Circumstances under which the person shall cease to be associate member |
57 |
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Circumstances under which the person occupying the flat onbehalf of the firm / company ceases to be the nominal Member |
58 |
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Circumstances under which a Sub lettee, licensee, caretaker ceases to be the nominal Member |
59 |
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Action by the Committee in the cease of cession of membership of the society |
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60 |
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Holding of flats by member |
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61 |
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Liability limited to paid up shares amount |
62 |
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Liability of past and deceased member |
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63 |
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Disposal of application |
64 |
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Payment of the value of shares and interest of a member or past member of the Society |
IX. LEVY OF CHARGES OF THE SOCIETY |
65 |
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Composition of the charges of the Society |
66 |
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Break-up of the services charges of the society |
67 |
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Sharing of the Society's charges by the members |
68 |
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Repairs and Maintenance to be carried out by the Society |
69 |
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Payment of the society's charges |
70 |
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Review of the cases of defaults in payment of the charges of the society |
71 |
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Interest on the defaulted charges |
X. INCORPORATION OF DUTIES AND POWER OF THE SOCIETY |
72 |
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Incorporation |
73 |
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Common Seal |
74 |
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Charges and set off in respect of Shares and interest of a member of the Society |
75 |
(a) |
Flat purchased is deemed to have been allotted |
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(b) |
Policy of Allotment of Flats |
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(c) |
Cancellation of allotment of Flats |
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(d) |
Handling over possession of Flats |
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(e) |
Change of user not permissible without the sanction the committee |
76 |
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Society to carry out Structural Audit |
77 |
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To obtain certificate of possession from the allottee |
78 |
(a) |
Policy of allotment of parking slots |
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(b) |
Restriction on use of parking slots |
79 |
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Marking of parking spaces of stilts |
80 |
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Eligibility for allotment of stilts of parking slots |
81 |
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If more eligible Members and less Parking Slots |
82 |
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Applications for allotment of parking slots |
83 |
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Payment of charges for parking of vehicles |
84 |
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Parking of other vehicles |
XI. GENERAL MEETINGS |
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85 |
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Holding of the first General Meeting within the stipulated period |
86 |
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Calling the first general meeting by the Registering Authority |
87 |
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Period of notice for the first general meeting |
88 |
(a) |
Functions of the first General Meeting |
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(b) |
Nomination of a provisional committee by the Registering Authority |
89 |
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Recording of minutes at the first General Meeting |
90 |
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Handing over records by the Chief Promoter of the Society |
91 |
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Powers of the Provisional Committee |
92 |
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Period of office of the Provisional Committee |
93 |
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Handing over charge by the Provisional Committee |
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94 |
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Period within which annual general body meeting should be held |
95 |
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Functions of the annual general body meeting of the society |
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96 |
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When a Special General Meeting should be called |
97 |
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Fixing date, time and place for a Special General Meeting Requisitioned |
98 |
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Notice of a General Body Meeting |
99 |
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Period of notice of a general body meeting |
100 |
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Quorum for the General Body Meeting |
101 |
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Holding of the adjourned General Body Meeting |
102 |
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Postponement of the General Body Meeting which cannot complete the business on the Agenda |
103 |
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Chairman of the Society to preside over all General Body Meetings |
104 |
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Restrictions on attending a general body meeting by a proxy |
105 |
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Voting right of a Member |
106 |
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One Member One vote |
107 |
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How decisions shall be taken |
108 |
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Recording of the minutes of the general body meetings |
109 |
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Cancellation of the previous resolution of the general body meeting |
XII. MANAGEMENT OF THE AFFAIRS OF THE SOCIETY |
110 |
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General body meeting to be the supreme authority |
111 |
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Management of the Society to vest in the Committee |
112 |
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Exercise of powers by the Committee |
113 |
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Opening of Banking Account |
114 |
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Strength of the Committee |
115 |
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Election of the Committee |
116 |
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Prohibition against being interested in the Society |
117 |
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Disqualification for being elected on the Committee |
118 |
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Constitution of the Committee |
119 |
(a) |
Cessation of a Member of the Committee |
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(b) |
Intimation of Cessation of Membership of the Committee |
120 |
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Restrictions on being present at the time of consideration of a matter in which a member of the Committee is interested and voting on such matter |
121 |
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Period of Office of the elected Committee |
122 |
(a) |
First Meeting of new Committee |
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(b) |
Issue of notice of the first meeting of newly elected committee |
123 |
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Custody of the records of the Society |
124 |
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Handling over charge by the outgoing committee |
125 |
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Election of office bearers of the Society |
126 |
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Quorum must for Committee Meetings |
127 |
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Number of Committee Meetings to be held in a month |
128 |
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Casual Vacancies in the committee to be filled in by co-option |
129 |
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The Period of office of the member co-opted by the committee |
130 |
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Resignation of Committee Member of the Society |
131 |
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Resignation of office-bearer of the Committee |
132 |
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Notice of Meeting of the Committee |
133 |
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The chairman of the Society to preside over the Meetings of the Committee |
134 |
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One member One vote. Decision by Majority of the Committee |
135 |
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A Special meeting of the Committee at the Instance of the 1/3 rd members of the Committee or bye the Chairman |
136 |
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Attending meetings of the Committee and recording their minutes by the Secretary of the Society |
137 |
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Joint and several liability of the members of the Committee |
138 |
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Powers, function and duties of the committee |
139 |
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Power of the Chairman of the Society |
140 |
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Function of the Secretary |
XIII. MAINTENANCE OF BOOKS OF ACCOUNT AND REGISTERS |
141 |
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Books of accounts, Registers and other Books to be maintained |
142 |
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Other records to be maintained separately |
143 |
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Secretary to maintain and keep upto date the Accounts Books etc |
144 |
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Limit for cash on Hand limit |
145 |
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Payment beyond certain Limit by Cheques |
146 |
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Finalization of Accounts |
147 |
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Security by the Employees |
XIV. APPROPRIATION OF PROFITS |
148 |
(a) |
Contribution to the Statutory Reserve Fund of the Society |
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(b) |
Distribution of the remaining profit of the society |
XV. TO WRITE OF IRRECOVERABLE DUES |
149 |
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Amounts which could be written off: |
150 |
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Procedure to be followed before writing off any Account |
XVI. AUDIT OF ACCOUNTS OF THE SOCIETY |
151 |
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Appointment of Auditors |
152 |
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Secretary to produce books, register, records etc. to Internal/Statutory Auditors |
153 |
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Preparation of Audit Rectification Report |
XVII. CONVEYANCE OF THE PROPERTY AND REPAIR TO AND MAINTENANCE OF THE PROPERTY |
154 |
(a) |
Necessary steps to Conveyance / Deemed conveyance |
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(b) |
Finalisation of Deed of Conveyance |
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(c) |
Execution of Deed of Conveyance |
155 |
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Committee's responsibility to maintain the Society's Property |
156 |
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Inspection of Society's property for repair |
157 |
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Committee to execute the repairs and maintenance of the property of the society |
158 |
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Work on Repairs and Redevelopment |
159 |
(a) |
Various items of repairs and maintenance to be carried out by the society at its cost |
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(b) |
Repairs by the members at their cost |
160 |
|
Building Insurance |
161 |
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Trees in the compound of the society |
XVIII. OTHER MISCELLANEOUS MATTERS |
162 |
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Modes of communication of Notices, Resolutions, Decisions etc. |
163 |
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Accounting Year |
164 |
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Notice Board |
165 |
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Penalties for breaches |
166 |
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Alteration/Amendment of ByLaws |
167 |
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Operation of Lifts, Solar Water Heaters etc. |
168 |
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Restriction on Playing Games |
169 |
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Prohibition on letting out open/common spaces |
170 |
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Temporary use of the Terrace/Open Space by any Member |
171 |
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Fees of supply of copies of the documents |
XIX. REDRESSAL OF MEMBERS COMPLAINTS |
172 |
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Complaint application to be submitted to the Society |
173 |
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Committee's action on the Complaint Application |
174 |
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If the action is not taken within stipulated period by the society then to whom the complaint to be made |
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(a) |
The Registrar |
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(b) |
Co-Operative Court |
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(c) |
Civil Court |
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(d) |
Municipal Corporation/Local Authority |
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(e) |
Police |
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(f) |
General Body Meeting |
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(g) |
Federation - District / State |
XIX. REGARDING REDEVELOPMENT OF BUILDING THE CO-OPERATIVE HOUSING SOCIETIES |
175 |
|
Redevelopment of the Property/Building of the Society |
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(a) |
Redevelopment strictly as per Directives dated 3rd January, 2009 |
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(b) |
If the Development Agreement is not executed with the developer |
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(c) |
Increasing Authorised Share Capital if member are increased after Redevelopment |
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(c) |
Increasing Authorised Share Capital if member are increased after Redevelopment |
INDEX OF LIST OF APPENDIX WITH HOUSING SOCIETIES BYE LAWS |