The absence of occupation certificate will not impair the rights of the flat purchasers to obtain certificate of deemed conveyance as the non compliance of the statutory obligations by the Promoter cannot place fetters on the statutory right of the flat purchasers to the conveyance of the Promoter’s right, title and interest in the property
| Posted on: November 27, 2024 |
There is no restriction on the Society to set up a cultural fund and collect the contribution for such a fund. There is no restriction that such a fund to be created only from profit earned by Society. The only prohibition for levy and collection of charges is that it should be approved by the General Body and said charges should not contradict the provisions of the Act, Rules and Bye-laws of the society
| Posted on: November 27, 2023 |
When the persons come together with common object of housing, after formation of a Cooperative Society, they are governed under rules and bye-laws of Maharashtra Cooperative Societies Act. So far as the members are concerned, the Cooperative Housing Society can collect or increase its funds only by legally permissible charges or fees.
| Posted on: September 9, 2022 |