By Vimal Punmiya FCA, LLB. DOCUMENTS TO BE EXECUTED AND SIGNED FOR TRANSFER OF SHARES IN A CO-OPERATIVE HOUSING SOCIETY On entering into an Agreement […]
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Sinking fund, its propriety & utilisation
By Maharashtra Bureau Every Co-operative society, in particular a housing Society, should invariably create sinking fund by setting a part of the income on monthly […]
Few Society dues cannot be recovered u/s. 101
By Ramesh S. Prabhu Non-Members-Pending Formalities In case of the flat owners type of Society whether formed with the Co-operation of the Builder or Non […]
Can Society transfer the Share Certificate in the name of the nominee
By Advocate Sanjeev Kanchan I would like to deal with the above query in detail, since similar problems are faced in many co-operative societies. For […]
Expenses for the lift has to be shared by all the members
By : late Mr. K.C.VAJIFDAR Mr. S.B.Bhinde a shopkeeper and full fledged member of Housing Co-operative Society has written to me to know whether a […]
Levy of Charges / contribution towards out goings of the society
By Ramesh S.Prabhu (Chartered Accountant) The contribution to be collected from the members of the society towards outgoing and establishment of its funds may be […]
Appointment of Auditors of Co-operative Societies
By Legal Bureau Appointment of Auditors of Co-operative Societies : According to the section 81(1) as it stood prior to amendment of 1985, the Registrar […]
Non Occupancy Charges can not be more than 10% of Service Charges
By S R Agarwal Advocate After the consideration of the Committee’s Report, the state Government issued an Order dated 1.8.2001 in Public Interest under Section […]
Society’s Legal aspects
By Legal Bureau Facts which are no commonly known about co-operative Societies 1. According to Service Tax department, Co-operative societies are liability to pay Service […]
Insurance of Society Buildings
BY: SUDHAKAR DOKHANE (Past President PEATA (I) There is lack of awareness for protecting immovable properties through adequate Insurance Cover. No matter risks of natural […]