To,
The Secretary,
____________________________________________ Co-operative Housing Society Ltd.
____________________________________________________________________
Sir/Madam,
1. I/We, Shri/Smt./M/s. _________________________________________________ (Transferor), holding Share Certificate No. _______ for _______ fully paid-up shares in respect of Flat/Unit No. _______ in the building known as ____________________________, propose to transfer my/our shares and interest in the capital/property of the Society to Shri/Smt./M/s.
_________________________________________________ (Transferee), by way of [tick whichever is applicable:]
☐ duly stamped and registered Agreement for Sale/Conveyance Deed dated __________;
☐ duly stamped and registered Gift Deed dated __________;
☐ duly stamped and registered Exchange Deed dated __________.
2. I/We (the Transferor) hereby tender my/our resignation from Membership, to take effect upon admission of the Transferee.
3. I/We (the Transferee) hereby apply for admission as a Member of the Society in respect of the said Flat/Unit, and tender herewith the entrance fee of Rs. 500/-.
4. We enclose the original Share Certificate, the registered instrument referred to above, and proof of payment of the transfer fee of Rs. 500/- and transfer premium (maximum Rs. 25,000/-), as applicable.
5. It is noted that nothing in this transfer shall affect the first charge of the Society under Section 154B-7 of the Act upon the shares and interest transferred, and the rights of the Society to recover any dues shall remain unaffected.
Enclosures :
(1) Original Share Certificate
(2) Certified copy of the registered instrument of transfer
(3) Transferor's resignation letter
(4) Transferee's Membership application and entrance-fee (Rs. 500/-) payment proof
(5) Transfer charges Rs. 500/- and transfer premium (maximum Rs. 25,000/-), as applicable
Signature of Transferor : _________________________________
Signature of Transferee : _________________________________
Place : ______________ Date : ______________
Transfer approved vide Committee Resolution No. _______ dated _______. Transferee admitted as Member and entered in the Register of I, J and Shares at Sr. No. _______. Fresh/endorsed Share Certificate No. _______ issued on _______.
Signature of Secretary : _________________________
