Housing society in Mumbai’s Sion suspends managing committee members with more than two kids – Is this constitutional?

Recently Hindustan Times (31st August’2018) reported that three Managing Committee members of Rahat Plaza, Sion were suspended for having more than two children in accordance with the section 73 CA of Maharashtra Cooperative Societies Act, 1960. Wondering why such “Dis-qualification” is not there to become the Member of Parliament? Why there is no amendment in Read more about Housing society in Mumbai’s Sion suspends managing committee members with more than two kids – Is this constitutional?[…]

Ways to tackle property issues with builders

Once the buyer takes a possession of the unit, there is no bigger joy. However, the joy could well be short lived once issues related to documents, maintenance and miscellaneous repairs start cropping up. Despite following up with the builders, most home owners have a hard time tackling the property issues, often leading to conflicts. Read more about Ways to tackle property issues with builders[…]

Consumer Protection Act for strengthening housing societies

What is consumer protection Act? Consumer Protection Act makes provisions to protect the consumers from fraudulent dealings. It guides the consumers with the procedure for safe transactions and helps them get justice when cheated. With the increasing demand and sale of apartments in housing societies, the number of frauds relating to it has been increasing Read more about Consumer Protection Act for strengthening housing societies[…]

15 Important Clauses of Redevelopment Agreement

We have discussed various benefits, Procedure, Guidelines & Key Steps one should take when going for the building redevelopment so as to avoid complaints from the members. Suggested steps will help a smooth process of redevelopment and bring harmony to the members and office bearer. However, it’s equally important that we also pay our attention Read more about 15 Important Clauses of Redevelopment Agreement[…]

SOCIETY BLUES : CONCERNS & ISSUES

It’s important for the Managing Committee of the Hosing Society to keep them self updated on the various compliance requirements as listed below. Is it mandatory to adopt Model Bye-laws? Yes. In accordance with the 97th constitutional amendment 2013, it is must for the housing society to adopt the Model bye-laws in your society. You Read more about SOCIETY BLUES : CONCERNS & ISSUES[…]

Can Non-Payment of Housing Society Bill be a Disqualification for Society Committee Election?

Did you register your name in the voters’ list for the assembly and general polls?   Yes! Now it’s time to ensure your name is also registered in the electoral roll of your housing society with the deadline for elections five weeks away. It’s important for the residents to ensure their membership formalities are completed and Read more about Can Non-Payment of Housing Society Bill be a Disqualification for Society Committee Election?[…]

Associate Member contest Managing Committee Election

Can Associate Member contest Managing Committee Election?

There has been too many confusion on whether an “Associate Member” can vote?  Or can he be the part of Managing Committee / Officer Bearer? In accordance with Section 2(19) of the Maharashtra Cooperative Societies Act, an associate member jointly holds a share of the society with others, but whose name is not first in the share Read more about Can Associate Member contest Managing Committee Election?[…]

Information related to share certificate

Information related to share certificate and share capital

As per Bye-Laws Share Certificates must be issued to every member of the society, for the shares that are subscribed by him, stating the particulars, as stated within a period of six months of the allotment of Shares. The share certificates must bear the seal of the society and be signed by the Chairman, secretary, Read more about Information related to share certificate and share capital[…]

senior-citizen-in-housing-society

Special Privilege to senior citizens in CHS

The government of Maharashtra has allowed the Associate members along with original member to attend General Body Meetings of Co-operative Housing Societies on following conditions : 1. If a member of cooperative housing society being a senior citizen or due to old age or due to infirmity can attend a General Body meeting of cooperative Read more about Special Privilege to senior citizens in CHS[…]

Non-aided Societies

In order to eliminate draw-backs, shortcomings etc as outlined above and to bring about a large scale improvement in the matter of audit of non-aided societies, the following procedure should be followed :- (i) All non aided societies will be free to select and appoint their own Auditor from the panel maintained by District Deputy Read more about Non-aided Societies[…]