• About
  • Advertise
  • Contact Us
  • Privacy Policy
  • Submit Your Success Story
  • Hindi Version
Saturday, December 6, 2025
Indian Cooperative
IFFCO Banner
  • Home
  • Cooperative Federations
    • NCUI
    • NAFED
    • NCCF
    • NAFCUB
    • SUGAR COOP
    • HOUSING COOP
    • NCDC
    • NFCL
    • IFFCO
    • KRIBHCO
    • Fishcofed
  • Banks
  • Dairy
  • Fertilizer
    • IFFCO
    • KRIBHCO
  • Cooperator
    • Cooperative Recruitment
    • Cooperative Success Stories
    • Co-op News Snippets
    • Cooperative Coffee Shop
    • Cooperative Complaint Board
  • ICA
  • Laws/Legislations
  • States
  • Video
No Result
View All Result
  • Home
  • Cooperative Federations
    • NCUI
    • NAFED
    • NCCF
    • NAFCUB
    • SUGAR COOP
    • HOUSING COOP
    • NCDC
    • NFCL
    • IFFCO
    • KRIBHCO
    • Fishcofed
  • Banks
  • Dairy
  • Fertilizer
    • IFFCO
    • KRIBHCO
  • Cooperator
    • Cooperative Recruitment
    • Cooperative Success Stories
    • Co-op News Snippets
    • Cooperative Coffee Shop
    • Cooperative Complaint Board
  • ICA
  • Laws/Legislations
  • States
  • Video
No Result
View All Result
Indian Cooperative
No Result
View All Result
IFFCO Banner
NCDC Banner
NCDC Banner
Home Cooperative Queries

Recasting Associate membership status

Ajay Jha by Ajay Jha
January 30, 2014
in Cooperative Queries
2
Share on FacebookShare on Twitter

Venkiteswaran Iyer

Your guidance solicited on the under mentioned doubts.

Query no. 1

(A)  In respect of a case where an Associate Member is not a part of the Agreement for purchase relating to the flat, would a properly Notarized Sworn Affidavit cum Declaration duly given by the original, active member to the effect that his/her consented Associate member (though not a part of the Agreement for purchase) has contributed monetarily in purchasing the concerned flat hold good enough to serve the purpose to qualify as an associate member as per the new directives issued under Section 79 (A) of the Maharashtra Co-operative Societies Act, 1960.

(B) Can transpositioning of the order of the names as appearing on the share certificate be done by the Managing Committee of the Society on receiving a request from the member through a normal letter or through Notarized Stamp paper?

Querry no. 2 is in the context to the proviso to Rule 20 of the Maharashtra Co-operative Societies Election to Committee Rules, 2013 (Published in the Maharashtra Gazette on 20-8-2013) reading as under:

“Provided that, in case of joint or associate members, only the member whose name stands first in the share certificate shall be eligible to be nominated as candidate for the election. (to the managing committee)”

I C Naik

A member can become an Associate Member by making application therefore in a prescribed form under Bye Laws, with approval of the Original Member. His name need not appear in flat purchase agreement.

Transpositioning of name is not permitted. If it is very necessary transfer procedure has to be followed.

New  Election Rule does prohibit a member from contesting elections of Committee if he is not one of the purchasers.

Bye Law permit Associate to contest election subject to Original Member giving consent and also undertaking not to  participate in Committee’s affairs.

Rule being superior to Bye Laws the Associate  having not his name as a purchaser of the flat can not contest election.

 

 

Tags: cooperativeCooperative QueryRecasting Associate membership status
Share284Tweet177SendShare71
Previous Post

UCB’s officials Attention! Join RBI training online

Next Post

How to obtain duplicate Share certificate

Next Post

How to obtain duplicate Share certificate

saraswatbank
nafed-india
PIMPRI
Image Slideshow
Repco Bank
Kerala Bank Advertisement
Sharad Bank
Prime Bank Advertisement
Deogiri Bank
Tirupati Urban Cooperative Bank
Blinking Ads with 4-Second Interval
WBSCB Ad 1 WBSCB Ad 2 Tripura StCB Ad RNSB Ad Citizen Coop Society Ad
Ad Banner
  • About
  • Advertise
  • Contact Us
  • Privacy Policy
  • Submit Your Success Story
  • Hindi Version

© 2020 IndianCooperative.com.

No Result
View All Result
  • Home
  • Cooperative Federations
    • NCUI
    • NAFED
    • NCCF
    • NAFCUB
    • SUGAR COOP
    • Housing
    • NCDC
    • NFCL
    • IFFCO
    • KRIBHCO
    • Fishcofed
  • Banks
  • Dairy
  • Fertilizer
    • IFFCO
    • KRIBHCO
  • NCUI
  • Cooperator
  • ICA
  • Laws/Legislations
  • States
  • Privacy Policy
  • About
  • Advertise
  • Contact Us
  • Submit Your Success Story
  • Video

© 2020 IndianCooperative.com.