Special Instructions/General Terms & Conditions
1. Membership Register:-
Every member has to put his/her specimen signatures in the membership register and in the specimen signature card at the registered office, immediately after approval of the application for the membership.
2. Identity Card:-
Society will also issue a photo identity card free of cost for which each and every member has to visit the society office with a stamp size photograph. Every member has to produce the I-card while receiving any payments from the Society. If a member lost his I-card, he/she should immediately report it to the Society and pay 100/- for a duplicate Identity Card.
3. Deffered payment:-
If a member is not in position to make the payments in time for one or more than 1 months, he should inform the Managing committee by writing in advance, showing sufficient cause, so the M.C may consider it sympathetically. In such cases the member will not be treated as a defaulter. However penal interest @3% will be levied from him.
4. Remittance of Payments:-
Reciepts/payments are made/accepted in cash(not more than Rs.20000/- in the same day), cheques and drafts. Money orders are not accepted. Proper stamped receipts may be collected from the office at the time of making payments. Society will not be held responsible for payments made to an unauthorized person without a proper stamped receipt. Members can make advance payments and also can deposit post- dated cheques in advance, which will be presented, in bank as per instructions from the members time to time. The Society will not be responsible for postal delay/ misplace of cheques /drafts. Receipts can be obtained by post by enclosing there with a stamped self addressed envelope.
5. Resignation/Withdrawal of membership:-
A member can resign/ withdrawal his/ her membership after 3 months notice in writing, provided that the member does not owe anything to the Society and is not a surety for an unpaid debt. Resignation/ withdrawal will take effect from the date of disposal of his/her shares as provided in the Bye-laws.
6. Change in name, marital status, residential address & employment:-
Members should inform the Society in writing within 30 days in case there is any change in name , marital status, residential address & employment.
7. Duplicate Pass Book/Identity Card:-
Duplicate Pass Book/ identity card will be issued on payment of 100/- for I. Card and 50/- for Pass Book.
8. AGM:-
AGM are held every year. Views and suggestions are always welcome and implemented as far as possible.
9. Meeting of the Managing Committee:-
Normally , M.C meetings are held regularly every month. All applications for consideration of M.C. should reach the Society’s office at least one day in advance.
10. Most Important:
M.C. may change or alter the above conditions from time to time. For latest information please refer the quarterly bulletins here-after.