Days after flagging unregistered associations, KRERA asks a developer to form RWA under law governing society registrations that legal experts say does not permit the collection of maintenance charges by RWAs
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Resident welfare associations registered under the Karnataka Societies Registration Act, 1960 cannot hold bank accounts for the purpose of maintenance collection, several Karnataka High Court orders have already said.
The undivided interest will never get converted to khata bifurcation and it’s only mentioned in the sale deed. This practice allows the promoter to claim the land at any point.
The residents’ welfare association of Klassik Landmark apartment, had registered itself under the Karnataka Cooperative Societies Act, and the stay of that registration had left them in limbo. The court has now given the Deputy Registrar of Cooperative Societies two months to consider the appeal and dispose of the case.