| (1) |
Every application for the reservation of a name and permission to open a bank account for the proposed housing society shall be submitted in Form Y-1. The application shall be accompanied with,‐ |
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(i) |
a resolution of promoters who attended the meeting for electing and authorizing the Chief Promoter, along with the minutes of the said meeting; |
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(ii) |
a commencement certificate or building completion certificate, certified by an architect, for a proposed tenant co-partnership housing society or premises society, or a copy of the tentative layout plan, certified by an architect, or the sanctioned layout plan for a proposed tenant ownership housing society. |
| (2) |
Every application for the reservation of a name and permission to open a bank account for the proposed Association of Societies or Co-operative Housing Association shall be submitted in Form Y-2. The application must be signed by at least two authorized office bearers of each society or legal entity. The application must be accompanied with,‐ |
| |
(i) |
a list of office bearers who attended the general body meeting of the proposed association of societies or co-operative housing association for electing and authorizing the Chief Promoter, alongwith the minutes of said general body meeting. |
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(ii) |
a resolution from the general body meeting of at least five societies for the proposed Association of Societies, or a resolution from the general body meeting of at least two societies or legal bodies for the proposed Co-operative Housing Association, giving consent and authorizing any two office bearers to attend the general body meeting and sign the necessary documents. |
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(iii) |
a copy of the registration certificate of each individual society or legal body. |
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(iv) |
a certificate from an architect certifying that the individual societies or legal bodies are part of the same layout or plot. |
| (3) |
The application shall be sent to the Registrar by registered post, hand delivery or electronic mode. |
| (4) |
The Registrar shall upon receiving an application under the sub-rule (1) or (2), enter the particulars into the register maintained in Form Y-3, give a serial number, and issue a receipt in acknowledgment thereof. |
| (5) |
The Registrar may allow the promoters to amend the application before reserving the name and granting permission to open a bank account. |
| (6) |
The Registrar shall dispose off such application within thirty days of receipt. The Registrar may grant permission for the reservation of the name and the opening of a bank account for the proposed society or the Registrar may reject the application after recording reasons therefor in writing and communicate the decision to the applicant. The permission may be subject to such conditions, if any, as specified in letter communicating such decision. |