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Maharashtra Co-operative Housing Society Bye Laws. 1. PRELIMINARY. 1. (a) Name of the Society: The name of the Society shall. Mar 13, Smart way to manage your Co-Operative Housing Society. Web based Apartment Home; Blog. Bye Laws for Housing Society in Maharashtra. Aug 19, Procedure To Recover Dues From Housing Society Maintenance Bill Defaulters. In current situtation running a society smoothly depends on.

Housing Society Bye Laws, Meetings, Account Maintaining and Management Procedure Books Index. Hosing Society Accounts Registers, Share Registers, Transfer Form, Nomination Register etc. And many more buy online. (xviii) ‘Major Repair Funds’ means a Fund created by the society and constituted under Bye-law No. 13 (b), for the purpose of Major Repairs including Plastering, building of compound wall, pavement, total painting, reconstruction. (xix) ‘Municipal Act’ means the Maharashtra Municipalities Act 1965 (Mah. Maharashtra Co-operative Housing Society Bye Laws 1. (a) Name of the Society: The name of the Society shall be (b) Procedure for changing the name: The Society shall follow the procedure laid down under Section 15 of the Act and Rule 14 of the.

But have you given a thought about maintenance?

Bye Laws for Co-operative Housing Society in Maharashtra.

You can find some of the popular methods to calculate the maintenance fee for your apartment along with their advantages and disadvantages below: In current situtation running a society smoothly depends on how much cash reserves the society has in its bank.

Cash expenses limit Rs. Though you own the apartment, you are a resident of the apartment complex, which means you are required to pay monthly charges for the maintenance of the common areas in addition to plumbing and electrical repairs inside your apartment. Name of the Society b The society shall follow the procedure laid down under Section 15 of the Act and Rule 14 of the Rules for the change of its name.

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For encroachment of common areas by members to be charged bylas 5 times the monthly maintenance charges for the period of such encroachment. Partially Equal Fee In this method, a particular amount of money is charged on the area up to a predetermined square feet value. If defaulter member is still not paying out standing dues even after receiving Demand notice, Sale officer can seize the moveable property and can societyy them over to Secretary or Chairman of society for custody.

However few socities are expcetion to this as default by members are keep on increasing, which make committee members work more deficult to manage. Additional responsibility to file FIR if misappropriation, etc is provided. Procedure To Recover Dues From Housing Society Maintenance Bill Defaulters In current situtation running a society smoothly depends on how much cash reserves the society has in its bank.

To arrive at the monthly maintenance fee https: Recovering the dues from members is complicated task as it also harm the personal relation with the committee members and defaulter houding. Society Committee can follow below procedure to recover dues from defaulter society member: However, Rule 24 and Bye-law No.

Applicant to take 10 shares of Rs. Filing of Annual Mandatory Returns with the Registrar. Beyond that, any increment in area is charged according to a unit decided by the apartment houusing. After verifying and hearing if registrar find the appeal truthful he will issue recovery certificate to society.

Bye Laws for Co-operative Housing Society in Maharashtra | SocietyRun

Maharaehtra condition for membership — Applicant to take 10 shares of Rs. General body permission, however, is a must. The Maharashtra Fire Prevention and Life Safety Measures Rules,made it mandatory for building owners and residents to conduct half — yearly fire safety audits and submit the report to the fire department.

Elections of management committee must be notified six months in advance and to be held under the jaharashtra of the newly constituted State Co-operative Election Authority SCEA.

MODEL BYE LAWS OF COOPERATIVE HOUSING SOCIETY

There is also a non-refundable sinking fund which is charged by the society for major repairs. Procedure for changing the name. Procedure for changing the address of the Society.

Penalties prescribed for various offenses and a consolidated penalty for all defaults to be Rs. Security bond for holding cash from the employee and officer and if paid up capital is less than 1. The method involves splitting the charges into two with the first part including all the common expenses incurred on lifts, security staff salary, stationary, property taxes, conveyance, audit fees, meeting charges, common electricity etc.

It works very well in apartment complexes with same sized flats. It is conventional to collect mahaeashtra least 0. Education and training of Co-operative members, committee members, officers and employees —. Exhibition of Name Board.

This also depends on the size of the apartment and the amount stays with the society until repairs are undertaken.

This book contains Co-operative housing Society Registration, Deemed Conveyance, Redevelopment of Buildings, Rights & Responsibilities of Members, Transfer & maintenance of Property Auditing etc...

• Publisher: Chaudhari Law Publishers
• Book Code: CHP023
• Availability: 10

• Rs280.00

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