I, Shri /Shrimati …………………………. has made an application for membership of the ………………………… Co-operative Housing Society Ltd having address at ……………………….. Mumbai ……………………… He/ She has no independent source of income a dependent on me. I therefore, undertake to discharge all the liabilities, present and future, payable by her/his on her/ admission to membership of the society on her/his behalf as communicated to me directly or through her/him from time to time, by the Society. On failure of such discharge in respect of dues, I shall also be liable for recovery
u/s 101 of the MSC Act 1960, along with the said member who is dependent on me.