- By Editor
- 28th October, 2018
Flats and apartments are the most widely recognized type of housing today. Indeed, even the individuals who can bear to build a house on their own land frequently like to live in a housing society for the sheer solace that they provide. Yet, there are a few terms and conditions which you need to meet as an individual from a housing society.
In the first place, you need to furnish every one of your rights with the authorities, failing which the governing body may initiate action. Likewise, you need to keep up a certain decorum as an individual from a housing society. Any oversight in such manner may end up in you losing your property possession.
As a member, you also have certain rights.
You can inspect the record book
In the form of maintenance and numerous such charges, your housing society procures a handsome amount from the members. As a part of the society itself, It is just clear that you might want to know how the cash is being spent. Things being what they are, would you be able to approach the top body and demand to view the record book? You unquestionably can!
The society is legally bound to provide to you the last evaluated yearly accounting report. You can likewise request a duplicate of the benefit and misfortune account. In the event that you need to delve further into the rules that govern the society, you can demand a duplicate of the Act, the guidelines and the by-laws. Likewise, the data ought to be available to you regarding the individuals from the board, the minutes of the general meetings and so on. Any data you look for, the society has to provide you within one months time.
What if your housing society tries to expel you?
Your housing society can drop your membership, which thus may add up to you losing your ownership of the property. While there are numerous conditions to be fulfilled before a housing society moves to such a proposition, a member is given an equivalent chance to battle his case.
As indicated by Section 35 of the Maharashtra Co-Operative Societies Act, 1916, a society can "expel a member for acts which are unfavourable to the interest or proper working of the society". In any case, for that, a resolution needs to be passed by at least three-fourths of the members through a general body meeting. Furthermore, this resolution would not be substantial except if the member is given a chance of speaking to his case to the general body. The resolution will likewise require the Registrars approval to become effective.