Fill in Share Certificate (Co-operative Housing Society)

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Share Certificate (Co-operative Housing Society)

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The society
The holding
Admission and issue
Transfer, if this endorses one
Duplicate, if this replaces a lost certificate

Step 1 of 5

The society

Full name of the SocietyNeeded

For example: Shanti Nivas Co-operative Housing Society Ltd.

Act under which the Society is registeredNeeded

Maharashtra Co-operative Societies Act, 1960Karnataka Co-operative Societies Act, 1959Delhi Co-operative Societies Act, 2003Gujarat Co-operative Societies Act, 1961Tamil Nadu Co-operative Societies Act, 1983West Bengal Co-operative Societies Act, 2006

Society registration numberNeeded

For example: MUM/W-K/HSG/(TC)/1234/1998-99

Registered address of the SocietyNeeded

House / flat / plot no.

Street, sector or locality

City area and PIN code

More details — you may leave these

Date of registration of the SocietyYou may leave this

A calendar date — the day, the month and the year. Dates in a document like this are read against one another, so a date typed here can change what another date is allowed to be.

Rule and bye-law under which the certificate is issuedYou may leave this

For example: Rule 21 of the Maharashtra Co-operative Societies Rules, 1961 read with Bye-law Nos. 9 and 10 of the Model Bye-laws, 2014 adopted by the Society

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A co-operative housing society registered under the __________

Registration No. __________

Registered office: __________

SHARE CERTIFICATE

4. Authority for issue. This certificate is issued by the Society, which is a body corporate with a common seal by virtue of its registration under the said Act, pursuant to the resolution of the Managing Committee referred to in clause 2.

5. Restriction on transfer. These shares are not transferable except in the manner and to the extent permitted by the said Act, the Rules and the bye-laws of the Society. No transfer takes effect against the Society unless the requirements of the bye-laws as to notice, application, any minimum period of holding, the prior approval of the Managing Committee and the admission of the transferee to membership have been satisfied, and unless the transfer is recorded in the Register of Members.

6. Charge of the Society. Nothing in this certificate affects the charge, lien or right of set-off that the Society has, under the said Act and its bye-laws, over these shares and over the member's interest in the capital and property of the Society in respect of any sum due to the Society from the member.

7. What this certificate is, and is not. This certificate is evidence of the member's shareholding in the Society and of the right of occupancy that goes with it, read together with the Register of Members. It is not a document of title to immovable property, and it does not by itself create, transfer or extinguish any interest in the flat.

8. Loss or damage. If this certificate is lost, destroyed, defaced or mutilated, the member shall inform the Society in writing at once and may apply for a duplicate in the manner laid down by the bye-laws, on furnishing the declaration, indemnity and fee that the bye-laws require.

(Common seal of the Society affixed here)

Affix and cancel the stamp of the value prescribed by the stamp law of the State before or at the time of issue.

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