What is a valid nomination ?
Querist :
Anonymous
(Querist) 02 September 2011
This query is : Resolved
What is a " valid " nomination in a co-operative house building society,
what should be it's contents, etc.
prabhakar singh
(Expert) 02 September 2011
It ma look like following:
APPENDIX-14
[Under the Bye-law No.32]
Form of Nomination to be Furnished in Triplicate
To,
The Secretary
____________________Co-operative Housing Society Ltd.,
_____________________
Sir,
1. I, Shri/Smt. _____________________ am the member of the _____________________ Co-operative Housing Society
Ltd., having address at _____________________
2. I hold the share certificate no. _____________________ dated fully paid up shares of Rupees fifty each, bearing number
from_____________________ to _____________________ (both inclusive), issued by the said society to me.
3. I also hold the Flat No. _____________________ admeasuring_____________________sq. meters, in the building of the
said society, known numbered as _____________________
4. As provided under Rule 25 of the Maharashtra Co-op. Societies Rules, 1961, I hereby nominate the person/s whose
particulars are as given below.
Sr. Name/s of the Permanent Relationship Share of Date of
No. Nominee/s Addresses of the with the each Birth of
Nominee/s Nominator Nominee if the Nominee/s
(percentage) is a minor
1 2 3 4 5 6
1)
2)
3)
4)
5)
5. As provided under Section 30 of the Maharashtra Co-operative Societies Act, 1960, and the Bye-law no 36 of the Society I
state that on my death the shares mentioned above and my interest in the flat, the details of which are given above, should
be transferred to Shri/Smt. _____________________the first named nominee, on his/her complying with the provisions of
the Bye-laws of the society regarding requirements of admission to membership and on furnishing *indemnity Bond, along
with the application for membership, indemnifying the society against any claims made to the said shares and my interest
in the said flat by other nominee/nominees.
6. As the nominee at Sr. No. _____________________ is the minor, I hereby appoint Shri/Smt. _____________________as
the guardian/legal representative of the minor to represent the minor nominee in matters connected with this nomination.
Place : Signature of the Nominator Member
Date : Witnesses :
Name and Addresses of Witnesses.
(1) Shri/Smt. _____________________ (1) Signature of the Witness
Address _____________________
(2) Shri/Smt. _____________________ (2) Signature of the Witness
Address _____________________
Place:
Date:
The nomination was placed in the meeting of the managing committee of the society held on _____________________ for being
recorded in its minutes. The nomination has been recorded in the nomination register at Sr. No. _____________________
Date: Secretary
_____________________Co-op. Housing Society Ltd.
Received the duplicate copy of the nomination.
Date: Nominator-Member
* Indemnity Bond is not required to be furnished in case of a single nominee
{note} USE THE FORMAT APPLICABLE TO YOUR SOCIETY AS THIS IS SPECIMEN TO FORM AN UNDERSTANDING.
M/s. Y-not legal services
(Expert) 02 September 2011
The valid nomination mean proposing a person as a candidate for an office or as the recipient of a grant award. But who is not the real owner
Raj Kumar Makkad
(Expert) 02 September 2011
It shall be better for you to visit the following link to go through in detail of your query as well as related matter:
http://www.punjabcooperation.gov.in/word_documents/byelaws/BYE%20LAWS/Bye-laws%20Housefed.pdf
girish shringi
(Expert) 05 September 2011
I do agree with the explanations.
