A member of a housing society ceases to be a member under the following circumstances.
1. By resignation- Resignation will come into effect only after resignation is accepted by the committee.
2. On the death of a member.
3. On the transfer of the member's all shares and interest in the capital / property of the society.
4. On the expulsion of the member from society and this resolution is accepted by Dy./Asst.Registrar of C.S.
5. When a member is declared as an insolvent or legally disable from continuing as a member.
6. When the whereabouts of the member are not known for seven years and his/her property is not claimed by anybody else.
7. When the member loses his/her interest in the property in pursuance of attachment / sale of his/her property.
8. When any Trust, Company, Firm or Corporate Body who is member of society is dissolve.
1. By resignation- Resignation will come into effect only after resignation is accepted by the committee.
2. On the death of a member.
3. On the transfer of the member's all shares and interest in the capital / property of the society.
4. On the expulsion of the member from society and this resolution is accepted by Dy./Asst.Registrar of C.S.
5. When a member is declared as an insolvent or legally disable from continuing as a member.
6. When the whereabouts of the member are not known for seven years and his/her property is not claimed by anybody else.
7. When the member loses his/her interest in the property in pursuance of attachment / sale of his/her property.
8. When any Trust, Company, Firm or Corporate Body who is member of society is dissolve.
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