Any person who resides within the area of operation of the society.
who genuinely need the services provided by the society and whose interest does not conflict with the interest of the society.
No person shall be admitted as a member of a multi-State co-operative society except the following namely:-
No individual person shall be eligible for admission as a member of a national co-operative society or a federal cooperative
The application for membership of the society shall be submitted by the applicant to the Manager of the society in the prescribed form accompanied by admission fee Rs.115 as per the by laws and at least one fully paid share shall be subscribed by the applicant at the time of submission of application.
The applications for membership of the society found complete in all respects shall be disposed of within the period of four months from the date of receipt of the application by the society. The same shall be communicated to the applicant within fifteen days of the decision, by registered post.
A member may, with the approval of the Board of Directors, transfer its shares to another member of the multi-State cooperative society. A fee as per the Bye-laws, shall be payable to the society for each such transfer.
The membership of the cooperative society may cease in case of :-
1. Resignation of member duly approved by Board or death of the member.
2. Cancellation of registration of the member society
3. Transfer all the shares to another member of the society
4. Expulsion by the general body
5. Incurring any of the disqualifications of membership.
An applicant will be enrolled as regular member upon fulfilling the following conditions:-
Provided that such members will not be entitled to subscribe to the share capital of the society.
They will not be allowed to have any interest in the management of the society including right to vote, contest election as director of the board or participate in the general body meetings of the society.
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Head Office: Bharath Lajhna Multi State Housing Co-operative Society Ltd.
No. 305 & 306. 2nd Floor,Ten Square Mall. 100Feet Road. (Near CMBT)
Koyambedu, Chennai - 600 107. Tamil Nadu. India