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Byelaws of Society
KARNATAKA STATE JUDICIAL
DEPARTMENT EMPLOYEES HOUSE BUILDING CO-OPERATIVE SOCIETY
LIMITED [ANNEXURE- AS PRENTED IN
HIGH COURT] [1]
NAME AND ADDRESS: [a] The name of the society shall be
The Karnataka State Judicial Department Employees House Building Co-operative society
Limited. [b] The registered office of the
Society shall be located at High Court Building, Bangalore. Jurisdiction of the Society
shall be confined to the Bangalore Development Authority. [a] To promote the
economic interest of its members and to encourage thrift, savings and self-help. [b] To raise founds
required for achieving the objects of the Society. [c] To acquire lands and
form layouts on the lands acquired and release house sites to the members of the society
in accordance with the norms laid down by Government of Karnataka for such purpose. [d] To undertake
construction of houses/flats/apartments on the lands acquired/purchased by the society for
the benefit of members subject to approval by competent authority. [e] To make loans to the
members for the construction of new dwelling houses for extension/repairing their
existing houses and for purchasing built houses. [f] To construct building
or take up works for common utility of the members. [g] To manage, maintain
and administer the property of the society. [h] To secure allotment of
sites or houses for the members from the Development Authority / C.I.T.B. Housing Board /
any other approved [ i ] To undertake such
activities as are necessary or expedient for the attainment of the objects of the Society
specified in these Bye-laws.
[5] MEMBERSHIP The membership of the Society shall
consist of: [a] Members [b] Nominal members [c] Associate Members [6] QUALIFICATIONS FOR
MEMBERSHIP Any person who is above
the age of 18 years and who is competent under section 11 of the Indian Contract Act of
1872 ( Central Act II of 1872). [a] Every application for membership
shall be in writing, in the form prescribed by the society and shall be addressed to the
secretary/Chief Executive of the society. [b] Every application shall be submitted along with full paid up value of at least one share of Rs. 100 and share fee of Rs.10 [Rupees 10 only] [10] RIGHTS OF MEMBERS All members shall be eligible to avail
the benefits as per the objectives under bye-law No. 4 subject to the condition, that a
member shall be eligible for allotment of site/flat/house only if he fulfills the
following requirements: [a] he / she does not
already own a site or plot or house / flat / apartment in his / her own name or in the
name of any other member of his / her family in the Corporation limits / development
Authority limits / Municipality limits in whose limit the society is situated [Explanation
: ' Family ' means and includes husband, wife, sons having no independent source of
income, unmarried daughters and person / persons dependent on the members]; [b] he / she is an
employee of Judicial Department for which the Society has been organised and has put in a
minimum continuos or intermittent service of 5 years in Karnataka; [1] No person shall be
eligible for admission as a member of the society if he /she [a] has applied to be
adjudicated as an insolvent or is an undischarged insolvent. [b] has been sentenced
for any offence, other that an offences of political character or an offence involving
moral turpitude, such sentence not having been reversed or the offence pardoned and a
period of 5 years has not elapsed from the date of expiry of such sentence. [c] Carries on business
of the kind carried on by such Co-operative Society. [d] is already a member
or becomes a member of a Co-operative Society carrying on business of the same kind as
itself. [2] If a member becomes
subject to any of the disqualification's, specified in Clause [a] to [d] of Bye-law No. 11
[a] he / she shall be deemed to have ceased to be a member from the date when the
disqualification was incurred. [3] Cessation of
Members. Any member of the
Society shall cease to so member due to any of the following reasons: [a] By withdrawals of
shares [b] Death [c] If he / she not
qualified to be a member of the Society as per provisions of Act, Rules and Bye-laws. [4] If any member
becomes subject to any of the disqualifications specified above, the committee shall
record the fact in the proceedings of the meeting and the Secretary of the Society shall
inform the person concernte dnominee about the cessation of his membership. [19] LIST OF MEMBERS The society shall prepare
a list of members as on the last date of each Co-operative Year. The list of members shall
be published on the notice board of the society at least 15 days prior to the date fixed
for elections. The society shall
adopt the system of seniority in allotment of sites / house / flats /apartments. The
seniority or a share transfer other than legal heir of a deceased member will be effect
from the date of transfers of share to him / her and not from the date of original share
allotted to him / her except in case of inherittance of deceased member. The society shall
allot sites/ flats / houses only to members
who are eligible as per bye-law No. 10. A member shall produce a certificate from his
employer regarding his employment and length of service in Karnataka. A SC / ST member
shall produce [1] Application for members. [2] Letter of
resignation of members. [3] Application for transfer of shares
/ Interest on the capital. [4] Correspondence with the
Registering Authority. [5] Conveyance of property. [6]
agreement and contract deeds.[7] Application for sites with all
connected activities. [8] Approved plans of layout.[9] Copy of the registered
bye-law with upto date amendments. [10] certificate of Registration. [11] Member wise loan
application, sanction and documentation. [12] Periodical statements. [13] Audit memos and
audit reports. [14] Notice and agenda of committee of management. [15] Notice and agenda
of General Body meeting. [16] Copies of the K.C.S. Act and K.C.S. Rules. [17] File
containing the circulars / directions issued by Registrar / Director of Audit or any other
authority connected with the society. SD / -
SD / -
SD
/ -
SD
/ - PRESIDENT
VICE-PRESIDENT
HON.SECRETARY
TREASURER
SD / - DIRECTOR
DIRECTOR
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