First Annual General Meeting
By Accommodation Times News Services It is the responsibility of the chief promoter to call the first general body meeting with a fourteen days notice. The first meeting should be held within three...
View ArticleCondition for corporation Bodies for Membership of a Society
By Accommodation Times News Services A Firm, Company or Other Body Corporate, registered any Law for the time being in force, and which is eligible for the membership of a society shall comply with the...
View ArticleDispute Resolutions in Housing Societies
By Accommodation Times News Services Co-operative movement was initially sponsored by the state. Apart from the public sector and the private sector, Co-operative sector has now come into existence....
View ArticleSociety’s dues not recoverable after three years
By Accommodation Times News Services By Vinod Sampat, Advocate If a member is in default and if recovery proceedings are initiated against him, then the provisions of the law of limitation will be...
View ArticleTransfer fee taxable – Tribunal
By Accommodation Times News Services In the case of M/s. Walkeshwar Triveni Co-op. Housing Society Ltd., Mumbai versus Income Tax appellate Tribunal, Mumbai Bench (Special Bench) held that amount...
View ArticleNo Stamp Duty on transfer to nominee
By Accommodation Times News Services Stamp duty is not applicable in case of Transfer of flat in Co-operative Housing Society in the name of the nominee after the demise of the original owner. It...
View ArticleNote on taxability of the transfer fees
By Accommodation Times News Services By Vimal Punmiya, Chartered Accountant The importance of society has been increased from last 25 years ever since there has been growing needs of an urban community...
View ArticleAbsolute ownership of the society in respect of land and building of the...
By Accommodation Times News Services The theory that the society is an absolute owner of the land and building including the open spaces and that it can therefore do anything on the basis of its...
View ArticleLeakage repairs to be done by society
By Accommodation Times News Services Monsoon brings many problems including leakages and crakes to the society’s buildings. Newly introduced Model Bye-Law gives society the responsibility to repair...
View ArticleSub-Letting not permissible except under the society permission
By Accommodation Times News Services By S R Agarwal, Advocate A mother may, apply to the society of his intention of sub-letting of his flat and on receipt of the permission in writing of the...
View ArticleInvestment of Surplus Fund:
By Accommodation Times News Services Section 70 of the Act and Rule No.66 of M.S.C.S. Act prescribe that the surplus funds belonging to the society should be invested in the following manner. 1)...
View ArticleBombay High Court confirms expulsion of defaulter members
By Accommodation Times News Services The Bombay High Court refused to entertain a petition challenging the expulsion of two members of Ganga Estate Co-operative Housing Society Ltd., Sion Trombay Road,...
View ArticleSocieties cannot charge bills on flat size
By Accommodation Times News Services The maintenance bills by co-operative housing societies cannot be charged on the basis of area of the flat. The size does not make more or less the services availed...
View ArticleREPAIR PERMISSIONS (M.C.G.M. Jurisdiction)
By Accommodation Times News Services BY: SUDHAKAR DOKHANE, (Past President PEATA (I) In earlier two chapters, the information on i) Why Building deteriorates and become weak and ii)...
View ArticleRegistration formalities of Nominations in housing society
By Accommodation Times News Services The name and address of every person nominated for he purposes of sub-section (1) of section 30 and any revocation or variations of such nomination shall be entered...
View ArticleSociety can prevent the member from carrying out the structural alterations...
By Accommodation Times News Services Registered Bye-laws of the Society – Society can prevent the member from carrying out the structural alterations without its consent “But in the case, noticed that...
View ArticleSupreme Court enables Housing societies to suspend members in case of...
By Accommodation Times News Services New Delhi: Cooperative housing societies can expel a member for owning more than one property as acquiring concessional government land cannot be a ruse to...
View ArticleCar Parking Cannot be Sold or Purchased : Violation will contempt the Supreme...
By Accommodation Times News Services It is also applicable to Purchaser. Bare Judgement : Verbatim : In Supreme Court of India CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 2544 OF 2010 Nahalchand...
View ArticleExpulsion of a Member in a housing society
By Accommodation Times News Services EXPULSION OF A MEMBER A member may be expelled from the membership of the Society if such a member. i. Has persistently dialed to pay the charge to the society. ii....
View ArticlePrecautions to be taken while purchasing a terrace flat
By Accommodation Times News Services By Advocate Vinod Sampat Please peruse the approved original building plan. check that there is a unambiguous (clear – cut) accessibility of the terrace from your...
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