Who is entitled to be called Bonafide member of the cooperative housing society
Mukesh Bitra
Mukesh Bitra (Prop) 27 April 2024
Who is entitled to be called Bonafide member of the cooperative housing society
Mukesh Bitra
T. Kalaiselvan, Advocate (Advocate) 27 April 2024
A “bonafide member” is a term used to describe a member who actively participates in the cooperative society’s affairs, abides by its rules, and fulfils their financial obligations. Bonafide members are often given preference in various matters, such as the allocation of parking spaces or leadership roles within the society.
Dr. MPS RAMANI Ph.D.[Tech.] (Scientist/Engineer) 27 April 2024
Bonafide means genuine. I don't think there is any classification called bonafide member at least in Maharashtra. There was a classification called active member. The requirement of an active member was that he should attend general meetings. No member, whether active or otherwise can be given any preference with regard to car parking or other matters. I do not know about other States, but not likely. Most States except Maharashtra and Gujarat, do not have even good co-operative housing society laws.