By Vimal Punmiya, Chartered Accountant The importance of society has been increased from last 25 years ever since there has been growing needs of an urban […]
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No Stamp Duty on transfer to nominee in Maharashtra
By Legal Bureau Stamp duty is not applicable in case of Transfer of flat in Co-operative Housing Society in the name of the nominee after […]
Transfer fee taxable – Mumbai Tribunal
By Legal Bureau In the case of M/s. Walkeshwar Triveni Co-op. Housing Society Ltd., Mumbai versus Income Tax appellate Tribunal, Mumbai Bench (Special Bench) held […]
Society’s dues not recoverable after three years
By Vinod Sampat, Advocate If a member is in default and if recovery proceedings are initiated against him, then the provisions of the law of […]
Dispute Resolutions in Housing Societies
By Legal Bureau Co-operative movement was initially sponsored by the state. Apart from the public sector and the private sector, Co-operative sector has now come […]
Condition for Corporate Bodies for Membership of a Society
By Legal Bureau A Firm, Company or Other Body Corporate, registered any Law for the time being in force, and which is eligible for the […]
First Annual General Meeting in Society
By Legal Bureau It is the responsibility of the chief promoter to call the first general body meeting with a fourteen days notice. The first […]
Can society be formed without consent of the builder ?
By Legal Bureau Section 10 of the Maharashtra Ownership flats (Regulations of the Provisions of Construction Sale, Management and Transfer) Act makes it obligatory on […]
Leakage problems in Society : Who should pay
By Legal Bureau LEAKAGE IN CO-OPERATIVE HOUSING SOCIETIES. Model Bye-laws prescribes following provision for leakage problem: It shall be the responsibility of the committee to […]
Can a co-operative Housing Society refuse to admit a person as a member belonging to other religion/caste/community?
By Bankimchandra Khona, solicitor. There are few Co-operative societies wherein membership to the Co-operative Society is restricted to particular community or religion or caste. At […]