Soft copy of the MCS Act ... Even I'm looking for the same, since referring the book, now has become cumbersome after getting addicted to the computer. In case, if anybody happens to have the soft copy of the MCS Act, please oblige and email the same to me at "email@example.com" or provide me the link from where it can be downloaded.
REGARDING "joint owner" ...
1. As per the MCS Act, there are only First holder and second holder and so on. No provision for "Joint Holder". The First holder is the "Registered member", u/s 6 of the MCS Act, with the right to Vote, Contest, attend AGMs, and so on...
2. The second holder (2nd joint owner) has got no rights, without the written consent of the First holder. Hence technically, the second holder (2nd joint owner) is not the registered member under the MCS Act.
3. By the above logic, no rights or liabilites or legal proceedings accrue on the second holder.
4. Under the MCS, there is no such thing as "OWNER" of the property. IT is only "MEMBERSHIP". The registered society, having conveyanced property, is the "owner" of all the properties.
Keep Smiling ... HemantAgarwal (9820174108)