He is ordinarily a resident or has his place of duty in the area of operation of
the Society.
His written application of membership has been approved by the Management
Committee.
He is substantively employed or has put in at least three years of regular
service in the Government of India Sectt. or its attached or subordinate offices
located in Delhi and New Delhi or is so employed in offices under the Delhi
Administration, the Delhi Municipal Corporation or the New Delhi Municipal
Committee, provided that in the case of transfer of shares to the successor or
nominee of a deceased member, the minimum condition of three years service shall
not apply.
He is not a member of any other Hire-Purchase Co-operative Society with Limited
or unlimited liabilities.
2. Every member on admission shall pay Rs. 5/- as admission fee which shall not be refunded in any case.
3. No person shall be admitted as member:
If he is dealing in the sale and purchase of goods being dealt in by the
Society.
If he has been convicted of an offence involving adultration, hoarding,
profiteering, black marketing or moral turpitude or dishonesty.
4. The Society shall not admit members prior to one month from the date of the meeting of the General Body.