Showing posts with label Co op societies. Show all posts
Showing posts with label Co op societies. Show all posts

Sunday, February 21, 2010

Co operative socity act and housing societies

The new act 2003 and ammended upto 2007 states that since purpose for which these societies came into existence has been fufilled and serives handed over to MCD or other agencies,these socities shall be wound up. Residents shall decide furhter formation of association. Most of the societies fall in transyamuna area. The following questions need to be considered and if deemed fit, choose further line of action.

a. Whether societies can legally recover security and other charges from residents who are neither member or connected in ay manner running society afairs.

b. What action is called for if society mangement does not start process of winding up or refuses to call meeting of residents despite order from Registrar.

HOPE WE ARE ABLE TO PROVIDE ALUABLE INPUT.

KK GHEI