The crucial role of the Treasurer in a Co-operative Housing Society
July 25, 2019 The Minister of Co-operation, Govt. of Maharashtra, Mantralaya, Mumbai. cc: Mr. Satish Marathe, Director, Reserve Bank of India cc: The DDR, Mumbai & Thane Dist. Dear Sir, In the recent spate of amendments, the state govt. has introduced a separate chapter on cooperative housing society, which is indeed a laudable step and the govt deserves to be congratulated for this initiative. We would like to point out here that in this chapter, it is absolutely necessary to elaborate in detail the responsibilities of the Treasurer of the CHS. It is an important position, but office bearers of CHS's treat it like dirt and assign the position to any tom, dick and harry - thereby lowering the importance of the post and consequently the society suffers due to a non-competent person being in the pot. Here, we are suggesting certain measures to define the job responsibilities of the Treasurer. While examining the Model bye laws 2014 applicable in h...