Saturday 31 December 2011

Regarding flat/shop/garage/godown sale or giving on rant basis


1.A member should pay All his/her due before he/she sale his/her flat/shop/garage/godown as per Bye-Laws.
2.A member should apply for permission for giving his/her flat/shop/garage/godown on Leave and Licence base or keep a Paying Guest as per Bye-Laws No.43 to society.
3.A member should not give his/her flat on Leave and Licence base or keep a Paying Guest in his/her flat without the written permission of the committee of the society.
4.Member should also submit the copy of  Register Leave and Licence agreements entered into between the   
   member and the sub-lettee.
5. A member should also submittee this copy of the agreement to local police station along with detail    information of sub-lettee.
6.Member must submit copy of  document that he/she inform the local police station and complet all required process in police station in society.

Friday 30 December 2011

Transfer of Shares , Transfer Fees and Transfer Premium


1.Under Section 29[2][a] of the Act , member has to hold the shares for minimum 1 year before he/she transfers his/her shares. That is he/she can not sale his/her flat before 1 year.
2. Above rule is not applicable to  nominee/ legal heir or any one who become member due to Court Order .
3. Under Rule 24[i][b] of the Maha. Co. Operative Society Rules,1961 any member which intends to transfer his/her share in a co-op housing society has to give minimum 15 days notice to the society together with the consent of the proposed transferee.
4. After receiving this notice this notice has to considered by managing committee with in 30 days from the received date and  if the member is ineligible to transfer his/her shares it has to be communicated to the member through secretary with in 8 days of decision taken on notice. 
5.If member applies for NOC,the society must consider the same on merits within 1 month and give with sign of both chairman and secretary. If it is not possible to give NOC to member secretary should inform member in written with reason.
6.To transfer the share of deceased member committee should work according provision given in Under Section 29[2][a] of the Act 
7. After receiving share transfer application by applicant within 3 months from the date of receipt of application committee should take decision on it And inform this decision with in 15 days from in written to applicant.
8.If the applicant does not receive any intimation from the society within 3 months from the date of submission of application, it is has to apply for deem membership U/S 22[2]  and if application refuse the U/S 23[2] applicant has to apply to Registrar of society.
9. If society refuse to accept the transfer application the U/S 23[1][a] this application is send through Registrar of society to the society
10.Registrar should take decision on such Application within 60 days
11.Applicant must submit all document as mansion in Bye-Laws no 38[e].
12.Applicant must pay Transfer Fee[RS. 500/-],Membership Fee[RS. 100/-],Transfer Premium[Maximum RS.25000/-] along with application .
13.Transfer Premium rate to be fixed by general body,but within the limits prescribed by circular issued by Govt. on 20/12/1989.[view on this blog]
14.Share transfer of deceased member, flat exchange between to member of same society,or flat transfer between family settlement deed than they do not have to pay Transfer Premium
15.If transferor or transferee  want to take loan from financial  institute and then want NOC then society must give this NOC as per given format.If it is not possible to give NOC to member secretary should inform member in written with reason.
16.For Any dispute regarding NOC between society and member Register decision is final And bound to both party.  

Thursday 8 December 2011

What are the Responsibilities of a Member ?


1.Every member in a Co-op.Housing Society[CHS] is liable to maintain his / her flat in a clean condition.
2.Member must present in Annual / Special General Body Meeting.
3.Member must pay the monthly charges and other charges payable to the society regularly ontime.
4.A member must obey the Bye-Laws of the society and honour the laweul decision taken by the managing        committee and the General Body.
5.Member has to support in working of society as well as support in managing committee to runn society
   better.
6.Member must obey the rule set by general body for different services and facility provided by society
7.No member is permitted to make any additions or alteration in the flat without the permission of the
   Statutory Authority and the society.  
8.If any member wants to carryout any alteration or addition in his/her flat, he/she has to apply to the society
   furnishing all the details. The society must consider the application and grant or refuse permission.
9.A member should not stock any dangerous/combustible or obnoxious good in his/her flat.
10.If the storing of the any particular item required special permission of Statutroy authority such permission 
     and permission of the committee must be obtained before storing such goods.
11.A member should not cause any nuisance or inconvenience to other member in the society and he/she 
     should also refrain from doing any act that may be against the decency of the society.
12.A member should not give his/her flat on leave And licence base or keep a paying guest in his/her flat without the permission of the committee of the society
13.Member should also submit the copy of  Register leave and licence agreements entered into between the   
     member and the sub-lettee.
14. A member should also submittee this copy of the agreement to local police station along with detail 
      information of sub-lettee.
15.Member must submit copy of  document that he/she inform the local police station and complet all 
     required process in police station in society.
16. Ever member has to bear in mind that it is the duty of the committee to maintain property of the society.If 
      the secretary of the society or other committee member want to enter the flat to inspect the property or to 
      ascertain any necessary repairs,the member must allow such workmen also to enter the flat.