Who has the right to remove an office bearer of the committee in Housing Society?

Our common query, Who has the right to remove an office bearer of the committee in Housing Society? An office bearer is a person who is responsible for in managing under the authority and holds the responsibility of the smooth functioning of the housing society and its office. Nowadays, the scene has been changing; more Read more about Who has the right to remove an office bearer of the committee in Housing Society?[…]

Members, Housing Society Interest Rates, Advance Payment. A Few queries solved!

If individual members enter into partnership deed in a shop can society recover non-occupancy charges ? If a shop keeper enters into a partnership deed for carrying out any business in the shop which is in the individual’s name, the individual will have to transfer the shop in the firm’s name; after proper procedure of Read more about Members, Housing Society Interest Rates, Advance Payment. A Few queries solved![…]

Is co-operative organization a co-operative employee a public authority and public servant respectively ?

The cooperative societies are not set up or established under any act of Parliament or State Legislatures. Cooperative Societies and Multi-State Cooperative Societies are registered and governed by the Cooperative Societies Act of Different states and Multi-State Cooperative Societies Act respectively. Cooperative legislation’s and rules are brought into force for the sole reason of the Read more about Is co-operative organization a co-operative employee a public authority and public servant respectively ?[…]

Impact on changed election rules for housing societies across Maharashtra

Maharashtra Society Act, 1960 was amended on 14th February, 2013, for the 97th time and was publicized recently. The recent changes has both positive & negative impact on co-operative housing societies all across the city of Mumbai and state of Maharashtra. The most significant points which may impact Housing Societies and its members are as Read more about Impact on changed election rules for housing societies across Maharashtra[…]

Clear your dues before lodging your complaint to housing society registrar

Government of Maharashtra Co-operation & Textile Department has issued Circular No. Co. Hsg. Scheme / Cir. No. 365/14 dated 2nd November, 2002 to all Registrar Offices for handling of complaints of members of the societies who are not paying their monthly charges to the society. The gist of the circular is as under: Co-operative Housing Society Read more about Clear your dues before lodging your complaint to housing society registrar[…]

Terrace or Parking in housing society can not be sold or purchased

It is observed that in some cooperative housing societies, the terraces have been purchased by the resident which was purportedly sold by the developers, also in some of the societies; top floor flat owners have claimed their right/ownership in connivance with the members of the Managing Committee. Well whether it’s purchased or claimed the right Read more about Terrace or Parking in housing society can not be sold or purchased[…]

No stamp duty on transfer of properties to spouse, kids

In a welcome move by the Maharashtra State Government on the Maharashtra Stamp Duty Act, the state on Wednesday introduced a Bill amending the said act to scrap the stamp duty on transfer of residential or agricultural property to wife, husband, son, daughter, grandson, and grand-daughter. At present, the stamp duty is 5% of the market Read more about No stamp duty on transfer of properties to spouse, kids[…]

Non Occupancy Charges can not be more than 10%

After the consideration of the Committee’s Report, the state Government issued an Order dated 1.8.2001 in Public Interest under Section 79 A of the said Act, there by directing the Societies not to charge non-occupancy charges beyond 10% of the service charges (excluding Municipal Taxes) The levy of non-occupation charges has been a controversial issue Read more about Non Occupancy Charges can not be more than 10%[…]

Why is Nomination Necessary in Housing Society?

If a member of Co-operative housing society dies, what happens to his or her membership in the society? In case there is no proper nomination made by the deceased member, what is the position of his or her heirs as to the property rights? What should be done by a member to avoid any confusion Read more about Why is Nomination Necessary in Housing Society?[…]