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Home Cooperative Queries

Query from Kapur KK

Staff Reporter by Staff Reporter
December 5, 2019
in Cooperative Queries
0
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Inspector in Gurgaon calls persons to his office to approve transfer of membership-Without no dues NOC, Without society recommendations, Endorsed share certificate.

Before that notice calling such person to his office Makes them signatory to operate bank account. Please guide

How to remove defaulters from president etc

I C Naik

Without MC approval transfer cannot be a valid transfer. Person without name on a share certificate is not a member of the Society. Without MC Resolution no bank can allow operation of Bank Account. Defaulter cannot become president so no need to remove. He is not President at all.

 

Tags: cooperativeGurgaonManaging CommitteeNOCOffice
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