Applicant to take 10 shares of Rs. Bye law No. Ownership in the property individually or jointly with others is must and whose name does not stand first in the share certificate. Education and training of Co-operative members, committee members, officers and employees —. Education and Training fund of Rs. Sinking fund can be utilized by the society and no permission of the Registrar is needed.
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Applicant to take 10 shares of Rs. Bye law No. Ownership in the property individually or jointly with others is must and whose name does not stand first in the share certificate. Education and training of Co-operative members, committee members, officers and employees —.
Education and Training fund of Rs. Sinking fund can be utilized by the society and no permission of the Registrar is needed. General body permission, however, is a must. NOC of society for transfer of flat or property is not required.
However, Rule 24 and Bye-law No. 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.
Appointment of Auditors, their Remuneration, Rights and Responsibilities, removal etc. 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.
Additional responsibility to file FIR if misappropriation, etc is provided. Filing of Annual Mandatory Returns with the Registrar. Read more on Maharashtra Co-operative Society Act laws here.
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Model Bye–Laws of Cooperative Housing Society
Maharashtra Co-operative Housing Society Bye Laws offer a clear set of guidelines for management of cooperative housing societies in the state of Maharashtra. Each housing society needs to follow the rules as listed in the Maharashtra Co-operative Housing Society Bye Laws to qualify as a registered housing society. Bye-Laws: Bye-laws mean the registered bye-laws of the society. Chief Promoter: Chief Promoter means the person who is elected by the Promoters till the first general body meeting of the society takes place. Committee: Committee means the Committee of the members that look after the overall management of the affairs of the society.
The Maharashtra Cooperative Housing Society Bye-Laws
The Maharashtra Apartment Ownership Act, Click Here. The Maharashtra Societies Registration Act, The Maharashtra Society Registration Rules, The content has been received from sources we believe to be reliable, and the content have not been independently verified by us, hence we make no warranty about the accuracy or completeness of these documents. Also ADDA does not assume any liability for any damage caused due to action taken or not taken on basis of these documents. Society under Cidco pls.
Recent changes in Maharashtra Co-Operative Society Act 1960
Maharashtra Co-operative Housing Society Bye Laws