Friday, 7 September 2018

Member means in CHS

"Member" means a person joining in an application for the Registration of a Cooperative Housing Society which is subsequently registered, or a person duly admitted to Membership of a Society after Registration and who holds the right, title and interest in the property individually or jointly;

a. “Active Member” means

i. One who has purchased and owns a Flat / Unit in the Society.

ii. One who attends at least one General Body Meeting of the Society in the previous five consecutive years. Provided that nothing in this clause shall apply to the members whose absence has been condoned by the General Body Meeting of the Society.

iii. Who has paid the Society Maintenance Service and other charges at least once in previous consecutive five years.

b. "Associate Member" means a Members who holds the right, title and interest in the property individually or jointly with others, but whose name does not stand first in the share certificate;

c. "Nominal Member" means a person who does not hold the right, title and interest in the property individually or jointly admitted to Membership as such after registration ;


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