Nominal Membership Cessation

Bye-law No. 57

57. INSTANCES FOR CESSATION OF NOMINAL MEMBERSHIP (CORPORATE BODY)

If there is a Nominal Member, occupying the flat on behalf of the firm, company or any other body corporate he shall cease to be as such Member of the Society :
a. On his death.
b. On the acceptance of his resignation by the Committee.
c. On cessation of Membership of the original Member on whose behalf he occupies the flat in the Society.
d. On cessation of his nomination on account of expulsion of the original Member.
e. On intimation from the original Member of termination of the occupants’ nomination.

The Committee shall take further action in the matter as indicated in the bye-law No. 59.

Bye-law No. 58

58. INSTANCES FOR CESSATION OF NOMINAL MEMBERSHIP (SUBLETTEE)

The Nominal Member, who is the sublettee, licensee or care-taker or possessor in any other manner of the flat or the part thereof shall cease to be as such Member of the Society:
a. On his death.
b. On his resignation having been accepted by the Committee.
c. On the cessation of the Membership of the original Member.
d. On the expiry of the period for which the flat or part thereof was permitted to be sub-let, given on leave and license or care-taker basis or occupied in any other manner.

Note : The words ‘original Member’ used in the bye-laws Nos. 55, 56, 57 and 58 mean the Member, with whom the Associate Member/s hold the shares of the Society jointly, the Firm, the Company or any other Body Corporate, on whose behalf the nominal Member occupies fiat in the Society’s
building or the Member who has been permitted to sub-let, give on leave and license or care-taker basis his flat or part thereof or part with its possession in any other manner. The Committee shall take further action in the matter as indicated in the bye-law No. 59.