13 Mar Smart way to manage your Co-Operative Housing Society. Web based Apartment Home; Blog. Bye Laws for Housing Society in Maharashtra. 19 Aug Tag Archives: Bye Laws for Co-operative Housing Society in Under Section of Maharashtra Societies Act (MCS), society can fight the. – Buy New Model Bye-Laws of The Cooperative Housing Society book DIGEST ON THE MAHARASHTRA CO-OPERATIVE SOCIETIES ACT,
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Registrar may ask for hearing with defaulter member and verify the records.
Maharashtra Co-operative Housing Society Bye Laws
Procedure for changing the address of the Society. I f your co-operative society is old it may continue to follow old byelaws.
Customers who bought this item also bought. Transfer among family members: Every member is supposed to contribute to the sinking fund, which grows over the coopfrative. Good quality and very good packaging.
For instance, let us say the monthly maintenance amount payable was Rs Recovering the dues from members is complicated task as it also harm the personal relation with the committee members and defaulter members.
I’d maaharashtra to read this book on Kindle Don’t have a Kindle? Over the years it was felt that the amount was not sufficient.
Sociiety our Returns Policy. A rate is fixed for one square feet and then multiplied by the total square feet area of your flat in this method.
Recent changes in Maharashtra CoOperative Society Act
Though it aims to be fair on all parties, there is still a difference in opinion on which items should be charged as per apartment size. Enter your mobile number or email address below and we’ll send you a link to download the free Kindle App. Then you can byye reading Kindle books on your smartphone, tablet, or computer – no Kindle device required.
Under the old byelaws in case you were to transfer your flat, a charge of 2. Filing of Annual Mandatory Returns with the Registrar.
However, it is also one of the most unfair. Now if the flat was given on leave and licence, the maintenance charge would be hiked to Rs 1, Partially Equal Fee In this method, a particular amount of money is charged on the area up to a predetermined houeing feet value. In most modern complexes, that is not the case and the small apartment owners end up paying an unfair amount of maintenance. And hence in the new byelaws the same has been increased to Rs 4, Other Important bye law provisions auditor should know: Audible Download Audio Books.
Get to Know Us. For Maharahtra Details — Source Disclemair: Equal Fee for All This is perhaps the simplest of all models where a fixed amount is charged on all apartments. This also depends on the size of the apartment and the amount stays with the society until repairs are undertaken. Byelaws are the rules that govern a co-operative society and its members and these undergo changes from time to time through amendments whenever the government feels the need for changes.
Address of the society.
MODEL BYE LAWS OF COOPERATIVE HOUSING SOCIETY
View or edit your browsing history. You can find some of the popular methods to calculate the maintenance fee for your apartment along with their advantages and cooperstive below: Under the old byelaws the maintenance charged varied among members.
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You needed to obtain the registrar’s permission to purchase a second flat in the same socitey or within the limits of a certain district. You May Also Like. That apart it also includes entrance fees for affiliation to the housing federation and any other co-operative institution, audit fees for internal, statutory and re-audit if any besides expenses incurred at meetings of the general body, the committee and the sub-committee retainer fees, legal charges, statutory enquiry fees copoerative others.
Registration number and the registered address. So you can very well purchase a flat in the same society. Ownership in the property individually or jointly with others is must and whose name does not stand first in the share maharqshtra.
Purchase of second flat: The auditor should be a panel auditor and maximum appointment for consecutive three years and maximum 20 audits excluding for societies with a paid capital of less than Rs.