The procedure for Registration of a society
begins with electing a Chief Promoter in a meeting of the Promoter. The builder
under the Flat Owners type of co-operative society has the first right to act
as the chief promoter. The developer/flat purchasers should call for a meeting
of the Promoters by issuing the notice under Agenda of the meeting given at
least 14 days notice to the Promoters. In this meeting, a Chief Promoter is
elected who can exercise such powers and carry out such functions as are
mentioned in the minutes of the Promoters of the proposed Co-operative Society.
After electing the Chief Promoter, the proposed name of the society has to be
decided by the Promoters.
Normally, the name reservation
proposal should be accompanied with the signature of atleast 10 Promoters who
have attended the meeting. It is a common belief that the Society should
consist of atleast 10 members. If the number is less than 10 then special
permission from Government has to be taken. In such cases, the garages/car
parking may be allotted to other relatives of the promoter to reach number of
10. It would be of interest to note that the model byelaws define flat as a
‘Flat means a separate set and self-contained set of premises used or intended
to be used or intended to be used for residence, or office or show-room, or shop,
or godown and includes a garage, or dispensary, or consulting room, or clinic,
or flour mill, the premises forming part of a building and includes an
apartment’.