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The Form of Application For Membership by The Nominee / Nominees

This document is an application form for membership by a nominee/nominees of a deceased member of a cooperative housing society. It provides details of the deceased member such as name, shares held, and flat/tenement owned. It also includes details of the applicant such as age, occupation, income, and address. The applicant confirms they have been nominated by the deceased member and are entitled to the shares and property. Required documents like a death certificate, indemnity bond, and undertakings are also mentioned. The applicant requests admission as a member and transfer of shares to their name.
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0% found this document useful (0 votes)
487 views

The Form of Application For Membership by The Nominee / Nominees

This document is an application form for membership by a nominee/nominees of a deceased member of a cooperative housing society. It provides details of the deceased member such as name, shares held, and flat/tenement owned. It also includes details of the applicant such as age, occupation, income, and address. The applicant confirms they have been nominated by the deceased member and are entitled to the shares and property. Required documents like a death certificate, indemnity bond, and undertakings are also mentioned. The applicant requests admission as a member and transfer of shares to their name.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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91

APPENDIX 15
(Under the Bye-law no. 34)

The Form of application for membership by the Nominee / Nominees

To

The Secretary,
............................................. Co-operative Housing Society Ltd.,
.............................................

Sir

I, Shri/ Smt................................................................................................. hereby


make an application for membership of the .................................. Co-operative
Housing Society Ltd.,address.................................................................................
and for transfer of shares and interest of Shri/Shrimati ..........................................
................................. deceased member of the Society, in the capital / property of
the Society.

Shri/Shrimati .......................................................... was a member of the Society


holding ............................. shares of Rs. fifty each and Flat/tenement No.
.................... in the Society's building.

Shri/Shrimati....................................................................... the deceased member


of the Society died on ............................... A copy of the death certificate of the said
member is enclosed.

The late Shri/Shrimati ......................................................... the deceased member


of the Society had nominated me/us under Rule 25 of the Maharashtra Co-
operative Societies Rules 1961.

Being the only nominee/ first nominees as per nomination filed with the Society by
the deceased member, I/we am/are entitled to make an application for
membership of the Society and for transfer of shares and interest of the deceased
member in the capital/property of the Society to my/our name.

I/We have executed the Indemnity Bond in favour of the Society indemnifying it
against any claim made at any subsequent time by other nominee/nominees to the
shares and interest of the deceased member in the capital/property of the Society.
The said Indemnity Bond is enclosed herewith. [Appendix 18]
92
I/We remit herewith an amount of Rs. 100/- as entrance fee my our particulars for
the purpose of consideration of my application for membership of the Society are
as under :
Age : ...................................................................
Occupation : ...................................................................
Monthly Income : Rs........................................................
Office Address : ...................................................................
Residential Address : ............................................................

I/We enclose herewith the undertaking and the declaration, in the prescribed form,
in respect of the registration of transfer of the Flat / tenement to my /our name under
Section 269AB of the Income - Tax Act.

I/We undertake to discharge the present and future liabilities to the Society. As I
have no independent source of income, I enclose herewith the undertaking in the
prescribed form from the person, on whom I am dependent to the effect that he will
discharge all the present and future liabilities to the Society on my behalf. I/We
have got understood the bye-laws of the Society and undertake to abide by the
same and any modifications that the Registering Authority may make in them. I/We
request you to please admit me/us as a member of the Society and transfer the
shares and interest of the deceased member in the capital/property of the Society
to my/our name. The share certificate held by the deceased member is enclosed
herewith.

I/We undertake to use the flat for purpose for which it was allotted to or acquired by
the deceased member and that any change of user will be made with prior approval
of the society. the undertaking in the prescribed form to that effect is enclosed
(Appendix-3)

Yours faithfully,

Place :
(Signature of Nominee)
Date :

Note :
(1) The expression “a member of a family” means as defined under
bye-law no. 3 (xxv).
(2) The undertaking about registration of the Flat is not necessary if
the nominee is related to the deceased member within the
meaning of Section 2(41) of the Income-tax Act.

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