2.1 To reserve the name of the proposed Co-operative Housing Society and to open account in the Bank
The process of registration of Co-operative housing society starts from the working of the first general body meeting held prior to registration. In this meeting the Chief Promoter is primarily selected. In this meeting the necessary resolutions like opening the account in bank in the name of proposed society and for obtaining permission for reserving the name of the society. It is utmost necessary on the part of the concerned Registrar to check and ensure that total number of flats/ galas in the proposed society, how many member of that were present in the first meeting of the proposed society and given their approval to the various resolutions. Otherwise one group starts the process of registration by passing the proposal/resolution in minority. Thereafter the other group starts another process of registering society in different name by taking independent meeting. For avoiding the disputes to be arisen before registration, the Registrar should not give permission for reserving the name of the society and to open the account in that name without checking original papers and without ensuring that the entire process of the first meeting hold in the presence of majority members.
Especially the working transacted in the first meeting in respect of S.R.A./SRD/MHADA recognised Housing societies is very important. Therefore to attend the representative from the concerned office of the Registrar for the first meeting prior to registration has been made compulsory by these authorities. It has been also made obligatory to make available video shooting of the entire working of this meeting. Even then also if dispute arise in this regard, then the justice can be sought from the competent court as dispute before registration of the society. The format of reserving the name of the proposed society, to open an account in the Bank, minutes of the first meeting prior to registration, application for registration and information of the members in prescribed format/ entire registration proposal has been made available by the federation of Co-operative Housing Societies for sale.