First of all, articles of association Nos. 153 to 160 describe the stages and execution of the deed of transfer/transfer of ownership assumed under the advice of the Company`s lawyer. Second, it publishes lists of committee maintenance and repair rules. In addition, the maintenance costs of the company, the tenders for the renovation are completed. Architect approval, resolution of contractual disputes, repairs and remediation in accordance with government guidelines are also covered. Accounting consists of the keeping of accounts, registers and other records by the authorized person (usually secretary) in order to keep in detail the accounts of the members and the records of the company. These are covered by Laws Nos. 140 to 146. These statutes of Nos. 161 to 170 contain the small but essential rules for the daily operation of the housing association. It sets out the main concerns of the housing association with regard to the modes of communication of notifications, resolutions, resolutions for general assemblies, requirements for the accounting year, sanctions of members for violations of regulations and amending rules.
In addition, scrap operations such as installing elevators, solar water heaters, etc. in available member rooms are also highlighted, as well as penalties for shared/open equipment such as stairwells, pavilions, etc. The annual audit procedure is approved by the state-approved auditor at its general meeting, as described in articles of association Nos. 150 to 152. These rules include the Committee`s responsibility for the audit of the Company`s financial statements, the remuneration of auditors, the time taken by internal auditors to prepare audit reports, the preparation of the draft annual report (PRA) and penal provisions for members in the event of non-submission of audit reports to the Registrar. Act No. 16 distinguishes between associate, nominal, active and non-active types. Their approval and approval procedure is classified in accordance with Law No. 17 (a, b, c). 8. Right of withdrawalYou may withdraw from membership in the Company after three months` notice to the Secretary.
Once the withdrawal is accepted, the Company acquires your shares and pays interest on the company`s capital/property and pays you the value. An associate member, a nominal member, a sub-letter, etc. may withdraw at any time by writing a letter to the secretary. There is only order, but no one cares about implementation. Prepare rules, make regulations, and sleep. Co-operative housing associations are like common member families. All members are shareholders and therefore owners of the company. It is their responsibility to ensure that safety, equipment, hygiene and maintenance are maintained at a high level. This book contains general rules of the company formulated to facilitate and understand the responsibility for the day-to-day management of the board of directors, all members, all residents – their family members, guests, servants and tenants/licensees, etc. Here, the statute n° 4 speaks of the place of the company, that is to say city/village/municipality/municipal body/survey city n° etc. Next, its main objectives are described in the Law on Apartments of Ownership and other rules under Law No.
5. Finally, Law No. 6 declares its affiliation with other cooperative institutions, namely the District/Taluka Cooperative Housing Federation, the District/District Central Cooperative Bank. These are some of the unspoken rules and regulations of a corporation that should be followed by all residents. There is always that small percentage of people to whom these daily rules that stem from common sense must be explicitly communicated. Most of our good behavior stems instinctively from an empathetic and understanding human nature, so we would not intend to do to others what we would not have done to ourselves. Ultimately, we must not only know our duties as a member of a society, but also see ourselves as an ideal coexistence in a closed community. The other rules and the necessary issuance of documents and certificates to comply with the compliance of the Company`s management are covered by Articles of Association No. 38-41. It starts with requests for members and assignments for flat exchanges. Subsequently, the subletting of apartments and the seizure of occupations are covered by Laws Nos.
42 and 43. Statutes Nos. 44 to 47 describe the responsibilities of members, namely own maintenance, authorization to add and modify apartments, inspection of dwellings and notification of repair instructions, storage restrictions, peace with other members, measures against violations of the statutes, etc. Statutes No. Paragraphs 48 to 53 contain the necessary procedures and grounds for exclusion from the company, confiscation, acquisition of shares and even readmission of excluded partners. 1. Right to receive a copy of the model statutesEach company follows either the model statutes (or a variant thereof), a copy of which must be made available to all members. A cautious owner who likes to drive a narrow ship is even familiar with the fine print. But for those of us who may not have time to read all the laws, it makes sense to look through the content and dive deeper if necessary. 5. Right to attend the Annual General Meeting As an active member of the Company, you have the right to participate in the Annual General Meetings whose agenda includes the annual budget, annual financial statements, audit reports and other important developments. In addition, you have the right to read the minutes of the meeting of an annual, general or special meeting of the Committee if you were unable to attend.
Cooperative Statute No. 7 deals with 13 ways (through loans and grants, entrance fees, corpus funds, etc.) to raise funds. Regulation No. 8, 9 (a), 9 (b), 10 discussions on authorized share capital and members/MCs issuing share certificates with company seals and signatures of civil servants. However, the total limitations of members` liability are limited by Articles of Association No. 11 and the constitution of the Company`s Reserve Fund is governed by Articles of Association No. 12 (a, b). An additional FAR is available for our cooperative housing association What minimum percentage of the members of the society should be suitable for the work to begin In our society, there is misconduct, I think, so not sure, but what I have in front of me, lets you know that, 1) there is no name on the board of directors of the company 2) there is a false name, which is mentioned in the action certificate 3) there is a problem that water enters during the rainy season, …
I kept the interview, is it right or wrong? Please answer me.. The statutes of the housing association contain administrative regulations for the self-regulation of the activities of the higher administrative authority and other members of society. Thus, the legislative framework applies to the option of MC, RWA and board of directors in a housing association. While this may vary from state to state, the broad categories are similar. If an associate member, an associate member, appointed only against payment of Rs 10 or 100, as a right of entry, can such an ASSOCIATE member raise an objection 2. ASSOCIATE MEMBER appointed by the first member? In the event of such a complaint from Associate Members, can COOP COURT suspend the membership that is provided with a due transfer in the chS dataset? When the CHS grants associate membership to an individual. To whom has the 1st member not made a recommendation? If CHS gives such a AM, then how to fight it. Can 420 charges be laid against CHS? What is stated in point 4 of the “Rights of Members” is only partially true, as the Member can only consult and/or request the accounts and records of his transactions with the Company and not the complete/complete accounting books. Familiarize yourself with all the housing association`s bylaws set out in the government guidelines in the PDF file above, or simply request a manual copy of your MC immediately. Bylaws No.
174 are issued with regard to the rehabilitation of the Cooperative Housing Association strictly in accordance with the registered guidelines of the Maharashtra State Government of 3 January 2009. Other laws include a development agreement with the builder, a new procedure for appointing new developers for reconstruction, the mandatory presence of the registrar`s representative and the increase in share capital authorized by amendment of the articles in case of a higher number of members after the new development. Several companies amend a large number of articles of association if an already existing law is not valid for its actuality. These may include matters of maintenance, general decency of the body, annual meetings or the code of conduct of directors. Thus, members can modify certain sub-clauses in order to obtain harmonious citizenship and an appropriate administrative environment. There are a total of 174 model ordinances of housing associations based solely on one of India`s major laws, namely the Maharasthra Co-operative Society`s Act. These are also registered amendments [§ 2 para. 5] and only the housing association can approve amendments to the statutes in accordance with the legal provisions. Its purpose is to cover the individual rules and regulations of the administrative association, including affiliations, assembly procedures, fundraising and limitation of responsibilities, rights and obligations of members, collection of maintenance, holding of elections, filing of parking and other complaints, audit matters, basic repair procedure and issues of changing a housing association.
It is also worth noting the detailed list of powers, duties and responsibilities, such as the resignation of officers such as the president, secretary and treasurer from the ranks of committee members. While Statute No. 137 deals with the general tasks of the Committee (subject to Statute No. 111), the powers of the Chairperson and the Secretary are listed in Statutes Nos. 138 and 139 respectively. We`ve all met this obnoxious neighbor slamming his door loudly to scare people three floors down, tipping banana peels directly from his balcony onto the floor, playing loud music when the world sleeps peacefully, his raging pet barking outside and catching unsuspecting passers-by, and, worst of all, The Repeat Offender, who openly flouts all the rules just to be a rebel for no reason.