The managing committee of a cooperative housing society (CHS/Society) is essentially its nerve centre, handling member grievances and also overseeing financial management, among other day-to-day managerial activities within the Society. The committee members have to be elected in an election overseen by an election officer appointed by the deputy registrar of cooperative societies.
Through this weekly column, I have provided advice on various cases ranging from transfer or addition of name in share certificate, explaining the requirement and use of a succession certificate, or alternatively using a release deed to achieve the same purpose.
Guidelines under section 79(A) of the Maharashtra Cooperative Societies Act state that if 75% of society members agree to redevelopment in writing, the proposal can be implemented. In such a case, even those few who have opposed redevelopment have a right to a new flat in the redeveloped building.
Within the intricate setup of cooperative housing societies (CHS/ Society), member-residents often find themselves entangled in a web of challenges, seeking clarity on issues that impact their daily lives. This week, we are looking at a perplexed shop owner facing outstanding maintenance dues left by the builder, prompting a meticulous examination of responsibilities and recourse.