Query related to multi state co-operative society.
Ajit Pathak
(Querist) 22 April 2013
This query is : Resolved
Hello
Dear Sir/Sirs
Good morning.
I am looking after one registered multi state co-operative society ltd. which is for agricultural & marketing.
Present society is for agricultural & marketing and its for haryana, punjab, rajasthan and delhi. There are some little query on this topic. If u will guide or convince those would be supportive and that would be oblige for the same.
ceiling limit to purchase land in these state will be effective for our society?
what are the limits for Haryana, rajasthan, punjab & for delhi?
If any exemption to the co-operative society to purchase land?
If not i mean we will count as a corporate body then we cant purchase in the name of members?
Last and final query is that if the object is defined in this bye laws then is there any provision to amend or add in object ?presently is for agricultural & marketing and we arer willing to add for housing also? if not then we should registerd a new for housing?
There is a request for initiative response from ur side.
Thanks & Regards
Ajit Pathak
Advocate
J K Agrawal
(Expert) 23 April 2013
Dear mr pathak
If share of members is defined in Money the society can not purchase land in name of persons but it can purchase the same in name of society.
If the share of members is an area of a land then the members after purchasing a land in their own name can surrender the same to society.
In Rajasthan formation of a new housing societies are banned and I can assume that the amendment of this effect is not valid in Rajasthan.
Ajit Pathak
(Querist) 24 April 2013
Dear Agrawal Sahib
Good morning.
Thanks for your reply.
So nice of u. I hope we will be keep in touch.
Thanks & Regards
Ajit
