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Appendix - 13 (Under The Bye-Law No. 29 (A) ) The Form of Notice of Resignation of Membership of The Society by A Member

The letter notifies the secretary of the member's intention to resign from the cooperative housing society after providing the required notice period under bye-law 29(a). It states that the member will either discharge all liabilities to the society or authorize deductions from the value of their flat shares. Upon acceptance, the member will surrender their share certificate and vacant possession of the flat in exchange for payment of the remaining value.

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100% found this document useful (1 vote)
3K views1 page

Appendix - 13 (Under The Bye-Law No. 29 (A) ) The Form of Notice of Resignation of Membership of The Society by A Member

The letter notifies the secretary of the member's intention to resign from the cooperative housing society after providing the required notice period under bye-law 29(a). It states that the member will either discharge all liabilities to the society or authorize deductions from the value of their flat shares. Upon acceptance, the member will surrender their share certificate and vacant possession of the flat in exchange for payment of the remaining value.

Uploaded by

Shirish
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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APPENDIX 13

(Under the Bye-law No. 29[a])


The Form of Notice of Resignation of Membership of the Society by a member.
To
The Secretary,
_________________________ Co-operative Housing Society Ltd.,
_________________________
Sir,
I*We Shri*Shrimati*Messrs __________________________________ am*are a member of the
_________________________________ Co-operative Housing Society Ltd., having address at
________________________________ holding _______ Shares of Rupees ____________ each,
amounting to Rs. __________ and the flat No. ________ in the building of the society numbered*known
as _______________________
I*We desire to withdraw from the society and therefore give you a notice of __________ months of my*
our intention to resign membership of the society, as required under the Bye-law No. 29 (a) of the byelaws of the society.
I*we hereby state that I*we*am are prepared to discharge in full the amount of liability to the society as
per records of the society before my* our resignation is considered by the Managing Committee of the
society.
OR*
I*We authorize the society to recover the charges of the society, amounting to Rs. ________________
according to my records, from the value of my interest in the flat.
On acceptance of my*our resignation, I*We will surrender the share certificate No. ______________ for
shares numbering from ______________ to _____________ (both inclusive) for Rs. ________________
to the society and the vacant possession of the flat for being acquired by the society. I request you please
to pay me*us the value of the shares referred to above and the value of my* our interest in the Flat, due
to me after deducting the amount payable to the Society and outstanding against me*us.
Yours faithfully,
Place:
Date:
*Strike out which is not applicable.

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