5)    MEMBERSOF THE

All persons who have purchased. owned and acquired apartment
in the "8 SQUARE APARTMENT"cor-dorntnrum, their legal heirs,
successors,assignees.menegers, trustees etc. shall be the member
of the Association.

6)    HOLDING OF ONE SHARECOMPULSORY:

Every apartment owner must hold at te ast vile share of the
Associa t ion.

7)    JOINT APARTMENTOWNERS ;.

Where an Alldr unent has been purchased by two or rrore persons
)olntl)l. t'ley shall be jOintly entitled to the Apartment er d the
shares of the association shall be issued in thpir joint names, but
the person whose name stands first in the share certificate shall
alone have the right to vote.

8)    DISQUALIFICATIONS .-

No apartment owners shall be entitled to vole or Question of the
election of Board of President, Secretary, TreasJrer or any office
bearer f1 be entitled to stand for election to such office, If he is
in ar r ear s of any sum due from him In respect of hIs/her
contribution for common expe-ises for more t'lan sixty days on the
, st day 0' the previous year 1'1 which thp electtons to the board
would take place.

(HAP I t:.R. II
VOTING, QUORUMAND PROXIES

1)    VOTING :-

Voting shall be on a percentage basis and the percentage of the
vote of whlc" the owner Is entitled Is the percentage assigned to
the unit/s in the Declaration.

2)    QUORUM:·

t:.xcept as otherwise provrded in these Bye-laws, the presence in
person of 51 !i& of owners shall corstitute a quorum.

3)    VOTES TO BE IN PERSON:-
      Votes shall be caste in person.

CHAPTER- III
ADMINISTRATION

1)    POWERS   a DUTIES OF ASSOCIATIOII :-
The ASSOCIatIon
              WIll have the responstbutty 0' administrating the
 '{Iili,(

              -
Condominium, approving the annual hudge t , establishing a
collecting monthly assessments& arrangement 'or the management
of the condominium In an efficient manner. Except as otherwise
provided, resolutions of the ASSocIatIonshall required approval
by a mejority of owne-s, casting votes h person.

21          PLACEOF MEETING:·

      Meeting of the association shall be 'lei:! at suitable place
convenient to all lilt: owners.

3)          ANNUALMEETING:.

The annual meeting of all the owners shall be held on any day
before 30th September of ever/ year and nonce of such neeting
,hllll be served on each owner on tlleir respective uoit:. address In
writing,

4)          SPECIALMEETINGS:.

It shall be the duty of the Pre~idelll lv ldll d spectat meettng of
the apartment owners as directed by a resolution of the Board or
upon a petition sianed b,. a majority of the owners and hi'lving
been presented to the Secretary o' at tt-e request of the Housinl!
Commissioner or as the case may be, the Registrar or any officer
duly authorised by him In thiS behalf, The nouces ot any special
meetins shalt state the time and place of such II meeting and the
pllrpMP thereof, Noother businessshall be transacted at a special
meeting, except as stated in the notice without the consent of
four·flfths of the share holders presented In person.

5)          NOTICEOF MEETING,-

It will be the duty of the secreta-v   .0mall or send a notice of
each annual or special meeting, stating therein the purpose of the
meeting as well as the time and place where it Is to be held to
each apartment owner, at least 2 but not more than I days prior to
such meeting, The crnailtng or sending of such notices must be in
thp ml'lnnPf provided ill the bye·laws shall be considered notice
served, Notices of all meet-ngs shall be mailed or sent to the
Competent Authority or as the case may be.

6)          ADJOURNED
                    MEETING;.

The quorum for the meetina shall be 2/3rd or the share holders, In
case the required quorum is not present, the meeting shall be
adjourned for 30 minutes and reconvened at tne same venue
without the quorum,

7)          ORDEROF BUSINESS:·

The order of businessat a.t meetings of the owne-s of Units shall
be as follows:
                              ::J~~-~
                                  T   "

                         ~f.( ~~\f'1        ~ I.J

a)    Roll call.
                          '\..9       -   .1L
b)    Proof of notice of meettng or waiver of notice,
c)    Readhg of minutes of proceeding meeting.
d)    Report of orncers.
e)    Report of the housing Commissioner or the Registrar or of
      the Officer duly authorised by them if present.
n     Report of Committees.
g)    Election of Board of Managers.
h)    Un'inished business, if any.
i)    New Business.

CHAPTER- IV
BOARDOF MANAGERS

1)    MANAG EA\El'iT OF ASSOt IATION ;-

The affairs of the Association shall be governed by a Bo;)rd.

2)    POWERS& DUTIESOF BOARD:-

The Boal d :..hdll heve the power and duties necessary for the day-
to-day affairs and functioning of the association, mentioned and
describec hereinabove.

3)    OTHER DUTIES :-

in addition to the duties Imoosed by these bye-ldw) UI resotuttons
of the Association, the Board shall be responsible for the following
that is to say.

a)    Care, upkeep and surveillance of the"B SQUAREAPARTMENT"
      Condomtnlum the common areas and facilities.
b)    Collection of monthly assessment from the owners.
C)    Designation. employment, remuneratlon and dismissal of the
      persornet necessary ror the rraintenance and operation of
      the"B SQUAREAPARTMENr Condominium the common areas
      and racumes and the -estncted common areas and facilities.
d)    To provide for the manner in which the audit and accounts
      of the Association shall be carrIed out.
e)    To inspect the accounts kept by the Secretary and/or the
      "reasurer and examine the registers and account books and
      to take steps for the recovery of all sums due to Association.
f)    To sanctlon working expenses, count cash balance and deal
      with other miscellaneous business.

4)    MANAGER;-

The Board may employ for the Association, a manager at such
compensation determined by the Board to perform such duties
and services as the Board shall authorize including but not limited
to the duties listed In bye-laws.

5)    ELECTIONAND TERM OF OFFICE;-
-_                              J
, "__
    O)_(,_-
        __        ...:..!I\.;;L:~:..J

At the first annual general meeting, election shall he held for the
post of President, Secretary, Treasurer and Members of the Board
and Ownersshall elect all these posts as per the provistons of this
deea and the term of each SJchoffice bearer shall be five years,

6)    VACANCIES :-

Vacanciesin the committee caused by any reason, other than the
removal of a member by a vote of the Association shall be filled
by vote of the majority of the remaInIng members, even though
they may constitute less than a quorum and each person so elected
shall be a member of commfttpp until a successoris elected at the
next annual meeting of the Association.

7)    REMOVAL OF OFFICE BEARER :-

Any such office bearer shall be liable fer breach of trust, fraud,
fon~erv, etc. or on ccmmtting any wrong against tre interest of
the association or member thereof and upon SJchevent, he shall
be removed immediately.

8)    ORGANIZATION MEETING :-

The First meeting of the new.y elected Board shall be held, within
ten daysof election at suchplaces asshall be fixed by the Managers
at the meeting at wmcn suchManagerswere elected and no notice
shall be necessary to the newly elected managersin order legally
to constitutes such meeting, provided a majority of the whole
Board shall be present.

9)    REGULARMEETING :-

Regularmeetings of the Board may be hc.d at s...e+ time and place
as shall be determined from time to time, b~ a majority of
Managers, but at least two such meeting shall be I"eld during each
year. Notice of regular meetings of the Board shall be given to
each Manager, personally or by mail at least three days prior to
the day named for such meetings.

10)   SPECIALMEETING :-

Special meetings of the Board may be called by the President on
three days' notice to t:d(.h II dllager, given personally or by mall
which notice shalt state the time, place (as ~ereinabove provided)
and purpose of the meeting. Special meetings of the Board ~hall
be called by the President or Secretary in the like manner and on
Iike notice on the written request of at least three Managers.

11)   WAIVEROF NOTICE :-

Before o· at any meeting of the Board anyMana~er.may i'l wrtting,
waives notice of such meeting and such waiver snat. be deemed
equivalent to the giving of such notice. Attendance by a Manager
at any meeting of the                      e     notice, by im of
the time and place thereof. If all the Managers are present at any
meeting of the Board, no notice shall be required and any business
may be transacted at such meeting.

12)    QUORUM:-

At all meetings of the Board, 51 % of the total strength of the
Members shall constitute a quorum for the transaction of business
and the acts of the members present at a meeting, at which a
quorum is present, shall be the <letsof the Board. If, at any meeting
of the Board. there be less than a Quorum present, the majority
of those present, may adjourn the meeting for a period of half
hour. At any such adjourned meeting, any business which might
have been transacted at the meeting as ongrnatty called may be
trcosactcd without further notice.

CHAPTER - V
OFfiCERS

1)     DESIG'IATION :.

The principal officer of the Associlltion shal! be a President, a
Vice-President, a Secretary and a treasurer, all of whom shall be
elected by and trom the Board. The Board may appolnt an Assistant
Treasurer and an Assistant Secretary and such other officer as in
their judgment may be necessary,

2)     ~LECTION OF OFFICERS:·

The Officers of the Association shall be elected annually or tor the
period as the members In I IdjOI ily declde.

3)    REMOVALOF OFFICERS:·

Upon an affirmative vote of a majority of the members of the
scare any officer may be removed, either with or without cause
and his successor elected at any regular meet ing of the Board or
at any special meeting of the Board called for such purpose.

4)    PRESIDENT :-

The President shall be Chief Execulivt: Officer of the Association.
He shall preside at all meetings of the Association and of the Board.
He sha.l have all of the general powers and duties which are usually
vested in the office of President of Association, including but not
limited to the power to appoint comnittee from among the owners
trom time to time as he may in his discretion decide to the
appropriate to assist in the conduct of the affatrs of the Association.

5)    VICE-PRESIDENT :-

The Vice-President snatt take place of the President and perform
                  ,
                                    (0)



                      '7'<.1.'
-"rt!"~'t'ft!~l'I'ITeTTe'V1!!r-the President shall be absent or unable to
  act. If neither the President nor the Vice-President is able to act,      .-
  the Board shall appoint some other member of the Board so to act
  on an tntertrn basis. The Vice President shall also perform such
  other duties as shett from time to time be imposed upon him by
  thf' 80O'lrl1.

 6)     SECRETARY
                ;-

 The Secretary shall keep .he minutes of the meeting of the Board
 and the minutes of all meetings of the Assoctotton. He shall have
 charge of such books and aeneral papers as the Board may direr t
 and he shall perform all the duties incident to lhe office of
 Secretary.

 7)     TREASURER:

 The Treasurer shall be responsible for funds and securities of the
 Association and shall also be responsible for keeping full and
 accurate accounts ot all receipts and disbursements in books
 belonging to the AssoclHlon. He shall be f espcnstble for the
 deposit of all moneys and other valuable effects in the name and
 to the credit of the Association In such depositories as may from
 time to time be designated by the Board,

 CHAPTER- VI
 OBLIGATIONOFAPARTMENTOWNERS

 1)     ASSESSMENTS;-

 All owners are obligated to pay monthly assessmen: triposed by
 the Association to meet all expense) f t'ldlln!l lo "8 SQUARE
 APARTMENT· Condominium. which may mcludc ..n insurance
 premium for a policy to cover, -epatr and reconstruction work I,
 case of hurricane, fire. earthquake or other t-azard or calamity.
 The assessmentsshall be ,"ade pro-rata according to the area of
 the unit owned. as stipulated In the declaration. Sucf assessments
 shalt include monthly payments to a General Operating Reserve
 Fund and ReserveFund fnr Rpplarements

 2)     MAINTENANCE
                  AND REPAIR:-

 Every owner shall be liable and obliged to pay all tilt' expenses
 towards common maintenance, repairs. taxes, cessesetc. by 10th
 of every month in advance

 a)     Every owner must promptly do all maintenance repa-r work
        within his own unit. which if ornuted would affect the "IS
        SQUAREAPARTMENr condominium in entirely or in part
        belonging to nthpr nwnpr~, being expressly responstble for
        the damages and liabilities that his failure to co so may
        erdanger.
 bJ     AI. the repair ot the Internal installation of the unit such as
                                "'ItI ..l- )l
                                    (21)       --
                          ~VI       (\e"-J\.
                                                   -
                            '1..,              3E......
      water, light, gas, power, sewerage,          telephones,   air
      conditions, sanitary installations, doors, windows, lamps and
      all other accessories belonging to the unit area shall be at
      the expenses of the concerned apartment owner.
c)    A owner shall retmbu. se the association for any expenses
      Incurred In repairing or replacing any common areas & fClcility
      damaged through his fault.

3)    USE OF UNITS- INTERNALCHANGES:-

a)    All units ShOl11
                     be utiliscd for commercial purpose only.

b)      An owner shall not make ary structural modifications or
alterations in his u,lt or installations located the-etn .....ithout
previously notifying the Associallon In Writing, through the
Presidcnt of the Board, If no Manager is employed. The Assoctauon
shall h;we thp nhlig<ltlon to answer within thirty days and failure
to do so within the stipulated time shall mean that there Is no
objection      to the proposed   modifications,    alterations    or
installations.

4)  USE OF COMMON   AREAS& FACILITIES& RESTRICTEDCOMMON
AREAS& FACILITIES:-

An owner Sh311not place or cause :0 be placed In lobbies, vestibules,
stair-ways, elevators and otter areas of -S SQUAREAPARTMENT"
Co-idcmtnlum and facilities of similar nature both (.U"'"'UII and
restricted, any furniture, packages or objects of any kind such
areas shall be used for no other purpose than for normal transit
through them.

5)    RIGHTTO ENTRY:-

All Owners shall IIrant the right to entry to the Ma'lager & any
other authorised person for any emergency originating in or relating
to his unit, whether the owner is present at that time or not.

6)    RULESOf CONDUCT:-

a)    No resident of "S SQUAREAPAR-MENr Condominium shall
      post any advertisement or posters of any kind In or on the
      building except as authorized by the Association.
b)    Residents shall exercise extreme care about makIng noises
      or the use of muslcat instruments, radtos, tclevisions and
      arrplifiers that may disturb others. Rp<;idE'nts keeping
      domestic animals shall abide by the municipal sanitary bye-
      laws or regulations.
c)    It is prohibited to hang garments, rugs, etc. from the
      windows. balconies or from any of the facades of"6 SQUARE
      APARTMENrCondominium.
d)    It is prohibited to dust rugs, etc. from the window or to
      clean rugs, etc. by beating on the exterior par: of the said
      Condomhium.
Po)   It is prohibited to throw garbage or trash outside the disposal
      installations provided for such purpose i1 the service areas.
      If such installations are 10t provided, all garbage or trash
      shalt be collected in a vessel and thrown in the municipal
      dusl bin.
f)    No owner, resident or lessee shall install wiring for electrical
      or telephone installation,  television antenna, machines or
      air-conditioning units, etc. on the exterior of '6 SQUARE
      APARTMENr'Condominium or that protrude through the walls
      or the roof of the Condominium except as authorised by
      the Association.

CHAPTER- VII
FUNDSANDTHEIR INVESTMENTS

1)    FUNDS:-
      Funds may be raised by tiJe Association In alllor   any of the
      following ways viz:-

al    6y shares,
b)    By contrIbutIons ft donatIons from the Apartment Owners.
c)    From common profits wh'ch shall from the nucleons of the
      Reserve Fund.
d)    By raising loans, if necessary, subject to such terms f1
      conditions as the Association with the approval of the
      Competent Authority, 'Tlay determine in this behalf.

2)    INVESTMENT:-

      The Association may invest or deposit Its funds In one or
      more of the following :-

ill   In any N;:ationalized Bonk or any other Scheduled Bank decided
      by the Meeting.
b)    In any of the securities specified in section 20 of the Indian
      Trust Act, 1862, or.

3)    AFFILIATIONS:-

Should there be any Federation of aoartment-owners in the locality
in which "6 SQUAREAPARTMENT" Condominium is situate, the
Association may, after consulting the competent at.thority, become
a member thereof and pal' the sum from time to time payable to
such Fcderat ion under the rules thereof.

4)    ACCOUNTS:-

a)    A Banking account shall be opened by the Association in
      whic t all moneys received or behalf of the Association shall
      be deposited, provided that the Secretary may retain in his
      personal custody an amount not exceeding Rs. 1,0001- for
      petty expenses. All payments above Rs. 500: - shall be made
      by cheques signed by Secretary, and one member of Board.