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…
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…
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…
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…
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…
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…
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…
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…
Insurance of Society Buildings
BY: SUDHAKAR DOKHANE (Past President PEATA (I) There is lack of awareness for protecting immovable properties through adequate Insurance Cover.…
Landmark Judgement on Nomination in a Housing Society
By Legal Bureau Nomination in a Co-operative Housing Society A Nominee when he is not the sole legal heir, is…