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msc rules
16
Apr

Need for Deemed Conveyance

April 16, 2025
Need for Deemed Conveyance A Co-Operative Housing Society is the owner of the Land & Building & individual member enjoys the ownership right of the Flat/ Shop based on the Share Certificate issued by the Co- Operative Housing Society. A vast majority of Co- Operative Housing Societies does not have the Conveyance in their favour&...
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16
Apr

DEEMED CONVEYANCE PROCEDURE HAS BECOME EASY

April 16, 2025
DEEMED CONVEYANCE PROCEDURE HAS BECOME EASY The Maharashtra government has relaxed the terms for the deemed conveyance (DC)-ownership right of plot certificate from the builder, by bringing down the number of documents required from 12 to 8 and stipulating that DC will be given even if the society does not have an Occupation Certificate (OC)...
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16
Apr

What is 7/12 Extract?

April 16, 2025
                               What is 7/12 Extract? The 7/12 Extract Document is an extract from the land records register of any district, maintained by the revenue department of the state government of Maharashtra. It is traditionally called ‘Saath Baara Utara’ in Maharashtra. . How to get 7/12 extract? In order to obtain the 7/ 12 extract, you need...
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01
Mar

A COMPLETE GUIDE TO DEEMED CONVEYANCE

March 1, 2025
A COMPLETE GUIDE TO DEEMED CONVEYANCE Most of the flat-owners of the newly constructed Societies/apartments do not have their sale deeds or conveyance deeds. Mostly in the newly constructed buildings, the builders provide for forming a housing co-operative society to which they shall transfer their interest in the property. Then the builders form the society...
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01
Mar

Post Title

March 1, 2025
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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26
Feb

Process of Co-operative Housing Society Registration

February 26, 2025
Process of Co-operative Housing Society Registration 60 % of the Promoters are must be ready to form Co-op. Housing Society. · If flats are sold as per the Maharashtra Ownership Flats Act,1963 [MOFA] then it is the duty of the Builder / Developer to form society and hand over the Account + Documents to Provisional...
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26
Feb

Procedure To Recover Maintenance Dues from Defaulters of Cooperative Housing Society

February 26, 2025
Procedure To Recover Maintenance Dues from Defaulters of Cooperative Housing Society In current situation running a society smoothly depends on how much cash reserves the society has in its bank. Few societies doesn’t feel that much heat as members are cooperative and paying maintenance bills on time, check .Regular payment from members makes easier to...
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26
Feb

Laws Applicable to Co-Operative Society

February 26, 2025
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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26
Feb

SOCIETY REGISTRATION

February 26, 2025
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...
Read More
25
Feb

Process of Co-operative Housing Society Registration

February 25, 2025
Process of Co-operative Housing Society Registration 60 % of the Promoters are must be ready to form Co-op. Housing Society. · If flats are sold as per the Maharashtra Ownership Flats Act,1963 [MOFA] then it is the duty of the Builder / Developer to form society and hand over the Account + Documents to Provisional...
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