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.
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Education and training of Co-operative members, committee members, officers and employees —. Education and Training fund of Rs.
Pay According to Area The most commonly used and popular method to calculate the apartment maintenance fee is paying according to the area. For More Details — Source Disclemair: Copy of Bye laws, list of members to be kept open for inspection to the public free of charge. Beyond that, any increment in area is charged according to a unit decided by the apartment association.
Exhibition of Name Board. Other Important bye law provisions auditor should know: Appointment of Auditors, their Remuneration, Rights and Responsibilities, removal etc. However, since the common facilities such as lift, garden, club, security services, swimming pool etc.
A rate is fixed for one square feet and then multiplied by the total square feet area of your flat in this method. 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. Procedure for changing the name. NOC of society for transfer of flat or property is not required. There is also a non-refundable sinking fund which is charged by the society for major repairs.
Additional responsibility to file FIR if misappropriation, etc is provided. To arrive at the monthly maintenance fee https: You May Also Like. This is perhaps the simplest of all models where a fixed amount is charged on all apartments. Elections of management committee must be notified six months in advance and to be held under the supervision of the newly constituted State Co-operative Election Authority SCEA. Address of the society.
Recent changes in Maharashtra CoOperative Society Act
Name of the Society. Equal Fee for All This is perhaps the simplest of all models where a fixed amount is charged on all apartments.
Sinking fund can be utilized by the society and no permission of the Registrar is needed. Bylaqs second part includes the area based charges that are specific to the apartments such as water charge and electricity usage.
We Run Societies
Recovering the dues from members is complicated task as it also harm the personal relation with the committee members and defaulter members. 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 societj addition to plumbing and electrical repairs inside your apartment. One time limit for repairs and maintenance expenses management committee can decide is Rs.
Cash in Hand at the close of the day limit increased from Rs. In most modern complexes, that is not the case and the small apartment owners end up paying an unfair amount of siciety. You bought an apartment and you moved in with your family and household items.
It is conventional to collect at least 0. Filing of Annual Mandatory Returns with the Registrar. 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. Ownership in the property individually or jointly with others is must and whose name does not stand first in the share certificate.
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 mahqrashtra Demand notice, Sale officer can seize the moveable property and can hand them over to Secretary or Chairman of society for custody.
Bye Laws for Co-operative Housing Society in Maharashtra.
Further, a half-yearly meeting should be held to discuss the feasibility of the plan and also to cut down any charges that are imposed unnecessarily. Mandatory filing of Annual returns and auditors appointment should be insisted for. The Maharashtra Fire Prevention and Life Safety Measures Rules,made it mandatory mwharashtra building owners and residents to conduct half — yearly fire safety audits and submit the report to the fire department. After verifying and hearing if registrar find the appeal truthful he will issue recovery certificate to society.
For encroachment of common areas by members to be charged at 5 times the monthly maintenance charges for the period of such encroachment. Security bond for holding cash from the employee and officer and if paid up capital is less than 1. Your email address will not be published.
Name of the Society b The society shall follow the procedure laid down under Section 15 of the Act maharashyra Rule 14 of the Rules for the change of its name. The popularity of this method comes from the fact that it is easier to calculate. Society Committee can follow below procedure to recover dues from defaulter society member: General body permission, however, is a must. Procedure for changing the address of the Society.
This means that if you have a larger home, you will end up paying more.