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msc rules
11
Oct

SOCIETY FORMATION

October 11, 2025
SOCIETY FORMATION 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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11
Oct

Advocate for property transfer

October 11, 2025
Advocate for property transfer  DUE DILIGENCE TO BE DONE WHILE PURCHASING A  PROPERTY First comes in the checklist is the Zone.Check it whether the property comes into the “R” OR “NON-AGRICULTURE” zone because if the the property is in non residential or non agriculture zone like green zone etc.you may not get approvals from authorities...
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11
Oct

Advocate for Agreement and Sale Deed

October 11, 2025
Advocate for Agreement and Sale Deed Want to purchase a Flat? If Yes, Please Be Careful so you may not fall prey to  the frivilious offers by decietfull builders and developers. While purchasing the Flat Property you should take the following care/ due diligence. Prefer a ready to move property rather an under construction property....
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11
Oct

Documentation for Society Redevelopment In Maharashtra

October 11, 2025
Documentation for Society Redevelopment In Maharashtra Redevelopment of societies in Maharashtra mandates the submission of specific documents to facilitate a smooth process. These documents are vital in upholding the legality and transparency of the redevelopment endeavour. The following are the essential documents typically needed: Certificate of Society Registration Development Agreement No Objection Certificate (NOC) Title...
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11
Oct

New rules for Redevelopment of Society

October 11, 2025
New rules for redevelopment of society Reduced Approval Threshold: Previously, a 75 per cent majority vote from society members was required to initiate redevelopment. The new rules have lowered this threshold to 51 per cent for specific categories like: MHADA (Maharashtra Housing Area Development Authority) colonies Cessed buildings (buildings constructed on government land with a...
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05
Oct

Documentation for Deemed Conveyance

October 5, 2025
Documentation for Deemed Conveyance Documentation is a very important & crucial stage in the Procedure for Deemed Conveyance. It requires absolute focus & meticulous handling to ensure that all the required documents are obtained & organized in an appropriate manner. The Land Revenue Records of recent origin are obtained by making applications to the respective...
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05
Oct

Essential Elements in a Conveyance Deed

October 5, 2025
Essential Elements in a Conveyance Deed The term “Deed” means a written legal contract that binds the parties to its terms and can be proved in the court as evidence. The term ‘Conveyance’ is used when there is transfer of ownership or legal title in a property from one person to another. Hence, a conveyance...
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05
Oct

RESPONSIBILITIES AND LIABILITIES OF MEMBERS

October 5, 2025
RESPONSIBILITIES AND LIABILITIES OF MEMBERS Maintenance of Flats by Members Flats to be maintained Every Member shall keep his flat / unit in good maintenance. No Member shall, without the previous permission of the Committee in writing, make any additions to or alterations in his flat. The Member, desirous of making any additions to or...
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05
Oct

Nomination by Members

October 5, 2025
Nomination by Members A Member and / or Associate Member of the Society may by writing under his hand, in the prescribed form, nominate a person or persons to whom the whole or part of the shares and / or interest of the Member in the capital / property of the Society shall be transferred...
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05
Oct

Resignation of Membership

October 5, 2025
Resignation of Membership (1) Resignation by a Member   (a) A Member may resign from Membership after giving three months notice in the prescribed form to the Secretary of the Society as provided under Rule 21(1) of the Rules. (b) No resignation of a Member of the Society shall be accepted unless such Member has...
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