Recently I was going through MSWA’s Housing Societies Review December, 2014 edition (http://media.wix.com/ugd/0c48ae_6ef010209bcb4e1fbae8526196666ae0.pdf) (Document Attached as well). There were few points regarding associate member for which I need clarification.
1) Can only be a Joint owner have the right to be associate member? (As mentioned in page no.14 right side from bottom 3rd paragraph)
2) Is it necessary to get it registered under Registration Act,1908 & duly stamped; if yes then what will be procedure for the same.
I C Naik
As per model bye laws Associate member has only one right of voting in member’s meeting if the original member is absent.
This issue has been dealt with by me at length on www.indiancooperative.com
Please read the following post
https://www.indiancooperative.com/cooperative-coffee-shop/new-state-co-op-e-c-confuses-further/
