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SOCIETY FORMATION AND HANDOVER PROCESS BY BUILDER         The Registration process and requirements are governed by Maharashtra State Co-operative Society Act 1960.         To Register Co-op. Housing Society, Minimum 10 member are required.         Less than 10 members Societies are also Registered as per M. S. Govt. Ordinance No. 1094 and 277/14 Dated 10/03/1995. But...
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CHECKLIST FOR HANDOVER OF SOCIETY FROM BUILDER During the handover procedure it is important to record and file all details related to the process so that even if problems arise years later, all you need to do is look through this set of records and, accordingly, figure out what to do next. The builder-residents society...
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With an estimated 18,720 lives lost in motor vehicle traffic crashes in just the first half of 2024, according to the National Highway Traffic Safety Administration (NHTSA), the importance of road safety is tragically underscored. Beyond the immediate concern for safety and well-being, the aftermath often involves complex insurance claims and potential legal proceedings. In...
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Test Identification Parade (TIP) is a crucial procedure in criminal investigation, primarily used to confirm the identity of an accused person by a witness. It serves as an evidentiary tool in cases where the accused was previously unknown to the witness. The procedure ensures that the identification process is conducted fairly and impartially to avoid...
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Candidates preparing for the Odisha Judicial Services Exam should solve the Odisha Judicial Services Mains 2018 Optional Paper – IV (Law of Contract) and other previous years’ question papers as part of their preparation for the Prelims and Mains. Practicing these papers helps aspirants understand the syllabus better and prepare strategically by focusing on the...
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HANDOVER PROCESS WITH THE HELP OF BUILDER The date of handover from builder to the registered owners association is an important day for new apartment owners and all residents. It has to be taken seriously and detailed due diligence must be done when interacting with the builders during this handover process. Once the formal handover...
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Laws Applicable to Co-Operative Society The Cooperative Societies Act, 1912 expanded the sphere of cooperation between its members and provided for supervision by central organization. A cooperative society, which has its object the promotion of the economic interests of its members in accordance with the co-operative principles, may be registered with limited or unlimited liability...
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CONVEYANCE DEED In case of housing societies the builder/promoters have to ideally create deed of conveyance and hand over it to housing societies that to within 4 months after project completion. However, due to lack of knowledge many builders do not create such documents. There have been cases where builders have later on denied to...
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SOCIETY FORMATION AND HANDOVER PROCESS BY BUILDER The Registration process and requirements are governed by Maharashtra State Co-operative Society Act 1960.         To Register Co-op. Housing Society, Minimum 10 member are required.         Less than 10 members Societies are also Registered as per M. S. Govt. Ordinance No. 1094 and 277/14 Dated 10/03/1995. But such...
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SOCIETY REGISTRATION  First general body meeting (before registration) In this meeting under Society’s Model Bye-law 3(iii), the Chief Promoter (could be the builder) is primarily selected by the promoters, who are members co-signing the registration application before the Registering Authority, under Bye-law 3(xii). In this meeting, necessary resolutions are passed like opening the account in...
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