Adv. R. P. Rathod.
emphasis that “It is the duty
of every member to pay dues properly & on time for
ensuring the smooth functioning of the society.” Generally people living in
(Co-operative Housing Society) CHS are well aware
of the fact that they are required
to pay their regular contributions
towards the expenses and expenditure incurred for running the day-to-day
affairs of the society. Remember, a CHS is never
formed for making profits instead it collects and disburses
the contributions from its members towards common facilities and
services enjoyed by its members.
Showing posts with label types of members. Show all posts
Showing posts with label types of members. Show all posts
MEMBERSHIP OF THE SOCIETY
"Member"
means a person joining by an application
for the registration of a co-operative
society which is subsequently, registered or a person duly admitted to
membership of a society after registration – Section 2 (19) of Maharashtra co-operative Societies
Act, 1960.
1)
Associate member: An individual, a
firm a company or a body corporate, registered under any law for the time being
in force, who/ which is eligible to be associate member and who/which has made
an application in the prescribed form for such membership, along with the entrance fee of Rs 100 is admitted as such
member by the committee.