Bare Act
Chapter V MEMBERSHIP
Corporate202632 sections12 chapters
Chapter V MEMBERSHIP
8. Eligibility conditions for becoming a member
Statutory text
- (1) A person shall be eligible to become a member of society, if he—
- (a) is a major on the date of admission;
- (b) subscribes to the aims and objects of the society;
- (c) has deposited the membership fee as provided in the bye-laws; and
- (d) is not an insolvent or of unsound mind or have not been convicted of an offence involving moral turpitude, punishable with imprisonment of one year or more.
- (2) A partnership firm, whether registered or not, or a body corporate of whatever description, shall not be eligible to be a member of a society.
- (3) Nothing contained in sub-section (2) shall prevent a partner as defined in section 4 of the Indian Partnership Act, 1932 or a member or shareholder of a body corporate to become a member in his individual capacity.
Chapter V MEMBERSHIP
9. Register of Members
Statutory text
- (1) Every society shall maintain a register of its members at its registered office and shall enter therein the particulars of admission or removal of any member or the cessation of any membership, within fifteen days of such admission or removal or the cessation of membership, as the case may be, in such form and manner, as may be prescribed.
- (2) Every society shall file a copy of the register of members maintained by it with the Registrar, if not filed at the time of registration, shall be filed with the Registrar within a period of sixty days from the date of registration.
- (3) The society shall file an updated list of members, duly certified by the authorised officer of the society, separately showing the inclusions and deletions, if any, every year within a period of sixty days of the close of the financial year in the office of the Registrar, in such manner as may be prescribed.
- (4) The register of members shall be kept open at the registered office of the society and remain accessible to any officer of the office of Registrar, Registrar General or any member of the society during its business hours.
- (5) Every person admitted as a member on the date of declaration of elections, shall have the right to exercise his vote in person subject to his not being in arrears of membership fees or annual subscription, for a period as may be prescribed.
- (6) Every member shall have the right to inspect the books of account, books containing the minutes of proceedings of meetings on any working day during business hours after giving reasonable notice.
Chapter V MEMBERSHIP
10. Cessation of membership
Statutory text
A member admitted to a society shall cease to be so in the following circumstances, namely:—
- (a) upon submission and acceptance of his resignation; or
- (b) if he fails to fulfil the eligibility condition provided under section 8; or
- (c) upon his failure to pay membership fee or annual subscription fee continuously for such period, as may be determined by the Registrar General; or
- (d) upon the death of a member: Provided that in case of a housing society or a resident welfare association registered as a society for the operation, management and maintenance of facilities for the residents or civic amenities of any defined area, the nominee or the legal heir shall be enrolled as a member subject to fulfilment of qualifications as laid down in the bye-laws and the provisions of this Regulation.
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