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Showing posts from March, 2012

Changes incorporated in the new bye-laws for co-operative housing societies

Changes incorporated in the new bye-laws for co-operative housing societies · New model bye-laws 2009 for co-operative societies have some changes incorporated as compared with the bye-laws of 2001. These bye-laws have been printed in English by the Mumbai District Co-operative Housing Federation Ltd. after approval of the Commissioner for Cooperation and Registrar Cooperative Societies, Maharashtra State, Pune given vide letter dated 24.12.2010. Some of the changes made are given below. Under the new bye-laws sinking fund of the society can be used by the society for reconstruction of its building or for carrying out such structural additions or alteration to the building as in the opinion of the society’s architect would be necessary to strengthen it or for carrying out such heavy repairs as may be certified by the architect. This needs to be approved by the general body only as against prior permission of the registering authority which was also required under the earlier by...

What are Your Options when your Housing Soc. does not give you documents?

What are Your Options when your Housing Soc. does not give you documents? Sometimes, the managing committee of your co-operative housing society refuses to give you crucial documents or information. This happens when you have a dispute with the society. How to get those documents? I recommend four steps: A. MAKE APPLICATION TO THE SOCIETY UNDER MAHARASHTRA COOPERATIVE SOCIETIES (MCS) ACT (i) 32(1) of MCS ACT says that registered member of the society can inspect the required information, with prior permission, in the society’s office during office hours. (ii) 32(2) of MCS ACT says that the member can make an application in writing to Chairman / Secretary for obtaining information about the society’s affairs. Your society is bound to give you the required information within 30 days of the application on payment of legitimate charges prescribed in the bye-law — Rs. 5/- per page. So, make an application to your society and endorse a copy to the Deputy Registrar of Cooperative Societie...

पुनर्विकास प्रकल्प राबविताना घ्यावयाची दक्षता’

पुनर्विकास प्रकल्प राबविताना बहुमताने विकासकाची नेमणूक केल्यानंतर तो आपल्याला कशा प्रकारच्या सोयी-सुविधा तसेच जागा देऊ करणार आहे, हे निश्चित केल्यानंतर सर्वात महत्त्वाची गोष्ट असते ती त्याच्यासोबत करारनामा करण्याची! पुनर्विकासासाठीच्या करारनाम्यातील साधारणपणे कुठल्या महत्त्वाच्या बाबींची नोंद असायला हवी? जेणेकरून पुढे आपल्याला त्याचा नाहक त्रास होऊ नये, यासाठी आपण कोणती काळजी घ्यावी? याविषयी.. सहकारी गृहनिर्माण संस्थांच्या जुन्या/मोडकळीला आलेल्या इमारतींमधील रहिवाशांना नेहमीच असे वाटते की, आपण आणखी किती दिवस या अशा इमारतीत राहाणार. विशेषत: आजुबाजूला होणारे चकचकीत टॉवर तसेच नातेवाईक व मित्रमंडळींनी सांगितलेल्या पुनर्विकासानंतरच्या आपापल्या नव्या कोऱ्या इमारतींच्या एकतर्फी सुरस गोष्टी अधिकच अस्वस्थ करतात. अशा वेळी आपल्या इमारतीचा पुनर्विकास करणे, हाच एकमेव पर्याय पुढे येतो. पुनर्विकास करायचा म्हणजे त्यासाठी ‘विकासक नेमणे’ व ‘विकास करारनाम्याच्या अटी व शर्ती तयार करणे व त्याची कठोर अंमलबजावणी करणे’ ही अत्यंत महत्त्वाची प्रक्रिया होय. सर्वच विकासक पुनर्विकास प्रकल्पात संस्थेच्या कार्यकारी...

Special General Meeting (SGM) and other matters..

Special General Body Meeting Special General Body Meeting A special general body meeting of the society may be called at any time, at the instance of the Chairman or by the decision of the majority of the Committee and shall be called within one month of the date of the receipt of requisition in writing, signed by at least 1/5ths of the members of the society of or from the Registering Authority or from the Housing Federation to which the Society is affiliated. The meeting so convened shall not transact any business, other than that mentioned in the notice of the meeting. The requisition for the special general body meeting of the Society, under the bye-law No.99 shall be placed within 7 days of its receipt before the meeting of the Committee by the Secretary of the society, for fixing the date, time and place for the special general body meeting of the society. The committee shall decide the date, time and place of every general body meeting shall be only that mentioned the requ...

Guidance regarding issues faced by Cooperative Housing Societies

Maharashtra CHS Act Society dues in following circumstances cannot be recovered under section 101 of M.C.S. Act, 1960. Ramesh S. Prabhu Chartered Accountant Non-Members-Pending Formalities In case of the flat owners type of Society whether formed with the Co-operation of the Builder or Non Co-operation of the builder, we always find some members do not become the members of the Society. If the flat owners does not become the member, the case u/s. 101 cannot be filed. LEGAL HEIR / NOMINEE NOT ADMITTED AS MEMBER When a member expires keeping a huge of amount of Society dues and the legal heirs / nominees also do not pay the dues nor they become complete the necessary formalities to become the member, in such cases also recovery suit u/s 101 cannot be filed. FUNDS MISAPPROPRIATED BY THE MEMBERS/OFFICES BEARERS In many cases the office bearers of the Society commit misappropriation or fraud of the Society funds. Even after proving such fraud /misappropriation the recovery cannot b...