3.2 Membership, Eligibility and Procedure
Eligibility of membership provisions is contained in Section 22(1) of the Maharashtra Co-op. Societies Act, 1960. An individual completing the age of 18, mentally sound as well as competent to contract under Indian Contract Act 1872. A Company or firm registered under Society Registration Act 1860, Public Trust Registration Act 1860, Public Trust registered under Mumbai Public Trusts 1950. A Co-operative society registered under M.C.S. Act, 1960 i.e. Central Govt. State Govt. local Authority public trust can eligible for membership of the co-operative housing society.
However, it is necessary that they have to possess ownership rights of flat owner or tenement owner of co-op. Housing Society by legal documents.
Conditions of admission of membership as per rule 19 of the Co- operative Act.
- A person / society / body corporate intending to become a member of a particular society should apply in writing for getting membership in a prescribed form.
- Managing committee’s approval is necessary for membership application and thereafter approval of the Annual General Body Meeting.
- Any member who wants to obtain membership should have to fulfill to norms laid down in the Act, Rule and by laws.
- Other than person the company firm Trust competent Authority also should have to fulfill above terms and conditions.
- It is necessary to attach resolution regarding giving rights along with the membership application.