JAMMU, July 3: Ahead of the AGM on July 5, the residents/members of Sainik Co-operative Housing Building Society Ltd, Jammu have expressed serious concern over some anti-residents’ decisions taken by the previous elected bodies and strongly opposed the transfer of Sainik Colony plots and shops to the civilians.
Addressing a press conference members of the Society including Brig (Retd), P S Charak, Col (Retd) Sushil Choudhary disclosed that during the Annual General Body Meeting (AGM) of the Sainik Cooperative Housing Building Society, the members intend to have detailed discussion on the 59 agenda items.
During meeting most of the items can be adopted/ passed by simple majority but the amendment of Bye- Laws can be done by the two-third majority of the members.
Brig Charak further said that at the time of registration, the membership and the allotment within SCHBS were strictly limited to defense personnel but in the subsequent years, amendments to the Bye-laws permitted transfer of plots/ shops in the Colony to the legal heirs as well as the civilians, broadening the membership base.
He said that the present management now proposes to delete the provisions allowing the transfer of plots/ shops to nominees/civilians, if approved by the AGM to be held on July 5 .
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