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or giving flats or parts thereof on leave and license or care-taker basis, (iv)
permission for additions and alterations in flats, (v) allotment of parking
spaces and stilts (vi)permission for exchange of flats (vii) permission for
holding, additional flats, (viii)permission for assigning, mortgaging or creating
charge or interest in fiats, (ix) permission for use of terrace, and (x)
complaint application of the members (xi) for any other purpose provided
under the byelaws but not specifically mentioned above, shall be addressed
to the Secretary of the Society. Every application received by the Secretary
shall be acknowledged by him.
b. On receipt of the applications, the Secretary of the Society shall scrutinize
them and bring any short-coming therein to the notice of the Members
concerned within 15 days of their receipt for compliance;
c. The Secretary shall place all the applications, complete in all respects, or
incomplete, before the meeting of the Committee or the general body, as the
case may be, held next after receipt of the applications;
d. The Committee or the General Body, as the case may be, shall consider all
such applications at its meetings and take decisions thereon; .
e. The Committee shall ensure that all the applications received by the
Secretary of the Society are disposed off within the maximum period of 3
months from the dates of their receipt; except application for subletting.
f. If the Committee or the General Body, as the case may be, rejects any
applications, it shall record, in the minutes of its meetings, the reasons for
rejection of the applications;
g. The Secretary of the Society shall communicate the decisions of the
Committee or the General Body, as the case may be, to the applicants
concerned within 15 days of the decisions of the Committee or the General
Body, as the case may be, with reasons, where the applications are rejected
by the Committee or the General Body, as the case may be, If the Society
does not communicate the decision to the applicant within three months from
the date of receipt of application for Membership; including nominal or
associate Membership, the applicant shall be deemed to have been admitted
as a Member as provided under Section 22(2) of the Act.
63. Wherever the question of payment of the value of the shares and the interest of
any Member of the Society, in its capital/property, as the result of acquisition of
the same by the Society arises, the following procedure shall be followed :
a. The value of Shares or interest in the share capital of the society shall be
decided in accordance with the provisions of Section 29 read with Rule 23
of the MSCS Rules,
b. The interest of the expelled Member in the property/capital of the Society,
shall be valued by the Government approved valuer.
c. Within one month of the date of demand for payment of the value of the
shares and interest in the capital/property of the Society, or acquisition of
the same by the Society, the Committee shall, by publication of the notice in
at least two widely circulated news papers and exhibition thereof on the
notice board of the Society, invite offers for price proposed to be paid for
acquiring interest in the flat, within such period as is mentioned in the
notice.
d. On receipt-of the offers, the Committee, in its meeting, shall scrutinize the
same and decide to accept the offer which is the highest, which shall not be
less than the approved value as determined in (ii) above.
e. The Committee shall then advise the person, offering the highest price, to
make an application for Membership of the Society, in the prescribed form