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Showing posts from May, 2016

PROVISIONS REGARDING REMOVAL OR DISQUALIFICATION OF A MANAGING COMMITTEE MEMBER OR THE ENTIRE MANAGING COMMITTEE OF A HOUSING SOCIETY

In a lot many Housing Societies of Maharashtra, you can find many simmering tensions or open confrontation between members and the Managing Committee. Hence, there is always a question that occurs at least once in the minds of its members, about the grounds to remove a Managing Committee member or in other words, he ponders on grounds on which the Managing Committee Member can be disqualified. The grounds of disqualification or removal by competent authority is mentioned in certain sections of the MCS Act, 1960 & certain clauses in the Model Bye-laws of the Housing Society. Please find the same mentioned below… THE MAHARASHTRA CO-OPERATIVE SOCIETIES ACT, 1960 Section 78 – Power of removal of committee or member, thereof 78.1 [Power of removal of committee o member, thereof] (1) If, in the opinion of the Registrar, the committee of any society or any member of such committee makes default, or is negligent in the performance of the duties imposed on it o

Latest Due dates for Co-operative Society Audits

📢 *Latest Due dates for Co-Op society audits:*📢 1. *Finalisation of accts*-  15th May 2. *Accounts to be handed over fr Audit* -1st June 3. *Audit Completion*:31st July 4. *Audit Report Upload* - 31st Aug or 15th Sept. 5. *AGM Date*- 30th Sept. 6. *Mandatiry Annual Return by Society* - by 30th Sept. 7. *Mandatory Return by society About Auditor appointment* - one month from AGM or 31st Oct. 8. *Online Audit order generation by auditor* - 31st Oct. 9. *Audit Rectification Report by Society*: 3 months from the date of submission of report by auditor. 10. *Rectification report upload by Auditor thru Audit login*: Once received from society

Now more teeth to the Managing Committee to deal with erring members

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Dear Saketians, Important information: The latest amendments to the Model Byelaws of Society have given the Managing Committee more teeth to deal with erring members. Byelaw no. 170(a) states: All open /common spaces meant for use of all members e.g. Staircase, steps, landing areas, parking areas, lift, corridors and such other spaces, cannot be occupied by any member for his own use. The use of such areas shall be restricted to the cause for which these are meant. Any member found to be violating the above condition by encroachment shall have to vacate the encroachment and further he/she shall have to pay a penalty equal to 5 times the monthly maintenance charges per month for the period for which he has encroached such spaces. Members must not carry out any construction, structural changes over and above the sanctioned plan with out prior permission of the society and the concerned Municipal authorities. Also they must not use their flat for any other purpose than what has