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msc rules
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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REDEVELOPMENT CONSULTANCY SERVICES Ved Legal – Trusted Legal Advisors to Cooperative Housing Societies in PuneLegal Services for Redevelopment ProjectsVed Legal offers expert legal services tailored for Cooperative Housing Societies undertaking redevelopment. With extensive experience in conveyance, compliance, and cooperative law, we ensure societies are legally empowered throughout the redevelopment journey. Our Legal Services Scope 1....
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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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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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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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How to register the society and which documents required for it? Ans: It is obligatory to apply for co-operative society or Association of Apartment within four months from the taking possession of galas/flats/shops/units by holders, necessary for forming the co-operative society or Association of Apartment according to provisions mentioned under section 10 of the Maharashtra Ownership...
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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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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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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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CONVEYANCE SERVICES FOR SOCIETIES:- In most of the cases people believe that a Purchase Agreement is the final document they need to own. However, a mere purchase agreement does not pass on the developer’s rights on the land to the society. Societies need to make sure they have the complete right to the land, and...
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