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![…]

Why attend your General Body Meeting without Fail

The Co-operative Housing Societies are democratic bodies, their affairs are managed by the members of the societies itself. The managing committee elected by members from themselves are responsible to look after the management of the society as per the approved bye-laws of the society, under the provisions of the Act and as per the Rules Read more about Why attend your General Body Meeting without Fail[…]

Do you know Swadhin Sadan CHS ?

It’s the 1st CHS of Mumbai !!! This Co-operative housing society was built in 1949 much before the Maharashtra Society Act came into existence. It was inaugurated by Mr. Morarji Desai; an Indian Independence Activist and former PM of India from 1977-1979. This CHS has a rich history; one of the most differentiating factor of Read more about Do you know Swadhin Sadan CHS ?[…]

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[…]

Election procedures for Housing Societies have changed

In 2013, Government has amended the Maharashtra Cooperative Societies Act, 1960 on 13th of August and introduced a new election procedure for cooperative housing societies as per the amended provisions of section 73 CB (1) in the State Cooperative Election Authority. There are two categories as per housing societies; first is Housing Societies having 200 Read more about Election procedures for Housing Societies have changed[…]

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[…]