*An Ordinance to amend the Maharashtra Cooperative Societies Act of 1960

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*An Ordinance to amend the Maharashtra Cooperative Societies Act of 1960, dated 30th October 2018 with immediate effect*
*Salient features of New Housing Chapter in MCS Act 1960.*
1. *Elections* to the housing societies fir less than 200 members to be conducted internally by the society .
2. Concept of new members like *Joint and provisional members* introduced
3. Concept of *Coop Hsg Association* introduced to facilitate the formation of association of less than 5 societies for conveyance or Deemed conveyance matters .
4. *Penaltyof Rs.25000* on Management committee introduced for not allowing inspections of documents u/s 32.
5.Scope of *Sec.32* in inspection of documents widened .
6.Role of *Housing federations* widened .
7. *HUF* is specially included as person in the definition which was not included earlier .
8. *Defaulter* is specifically defined now in the Act itself.

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