Wednesday, 1 December 2021

Types of Membership in Co-operative Societies Maharashtra

As per Maharashtra Co-operative Societies (Amendment) Act, 2019 (Mah. Act No. XXIII of 2019), 154(B)(18) new definition of Members and their type as following : 


154 (B) (18) says “Member” means a person joining in an application for the registration of a housing society which is subsequently registered, or a person duly admitted to Membership of a society after its registration and includes associate or joint or provisional Member ;

(a)Associate Member” means husband, wife, father, mother, brother, sister, son, daughter, son-in-law, daughter-in-law, nephew, niece a person duly admitted to Membership of a housing society on written recommendation of a Member to exercise his rights and duties with his written prior consent and whose name does not stand in the share certificate ;

(b)Joint Member” means a person joining in an application for the registration of a housing society jointly, which is subsequently registered or a person who is duly admitted to Membership after its registration and who holds share, right, title and interest in the flat jointly but whose name does not stand first in the share certificate ;

(c)Provisional Member” means a person who is duly admitted as a Member of a society temporarily after death of a Member on the basis of nomination till the admission of legal heir or heirs as the Member of the society in place of deceased Member ;


Types of Membership |  Difference between Member and Associate member | Member and Associate Members Definition | Types of members in co-operative society

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