A member desirous to transfer his shares and interest in the property of the society shall give 15 days notice of his intention to do so to the Secretary of the society in the prescribed form. On the receipt of such notice the Secretary shall place the same before the meeting of the Committee held next after the receipt of this notice. The society can grant no objection for transfer of the shares and interest after the payment of the amount of he premium as fixed by the General Body Meeting.
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