Restriction on membership of housing society

(1) Notwithstanding anything contained in this Act and the rules made thereunder, the membership of a housing society shall be restricted to a specific number, as may be prescribed in the byelaws. (2) The housing society may increase its membership upto a maximum number, as specified in the byelaws, in such a manner that every member of the society may get a plot /dwelling house/flat in order of his seniority and avail housing finance, common amenities and services.