Legal Archive

Recent changes in Maharashtra Co-Operative Society Act 1960

Following are some of the important changes done in the MCS Act, 1960 and also in the Model Bye-laws of Cooperative Housing societies. Condition for membership – Applicant to take 10 shares of Rs.50 each as against 5 shares. Bye law No.22 on rights of membership talks about the right to receive the notice of

The Maharashtra Ownership of Flat Act 1963 (MOFA) Addendum

According to a recent circular, issued by The Maharashtra State Police Department, the Government has implemented an addendum to The Maharashtra Ownership Flat Act-1963 ( MOFA) & the MRTP Act 1966. According to the circular, builders are liable to be jailed for 3 years, 5 years or 9 years depending upon the nature of the violation

Due Dates For Co-Operative Society Audits – Latest Circular

According to the latest circular on Co-Operative Society Audits, below are some important dates: Finalisation of Acts –  15th May Accounts to be handed over for Audit -1st June Audit Completion: 31st July Audit Report Upload – 31st Aug or 15th Sept. AGM Date – 30th Sept. Mandatory Annual Return by Society – by 30th

Tenant Verification in Apartment Complexes

Verification of Tenants in India is a Legal Requirement. In some states like Punjab, Jammu & Kashmir, Tamil Nadu, the Legal Requirements are stringently followed, in other states/cities like Delhi, Mumbai, Bangalore and Kolkata, tenant registration though is a legal requirement, its voluntary. Multiple such cases has been filed across India against Landlords and Apartment Owners for

STP Maintenance : Sewage Treatment Plant in Apartment Complexes: New Nitrogen Standards

– This Article has been authored by Dr. Ananth Seshadri Kodavasal. Dr. Kodavasal has more than 30 years of experience as an environmental Engineer and is a looked upon as a foremost authority on Sewage Treatment Plants. This Commentary is a rejoinder to a recent Notification from the Karnataka State Pollution Control Board revising standards for quality

Home Insurance for natural disasters like flood and Earthquake

It would take a minimum of 10-15 years of hard earned money and lifelong emotions for a common Indian to buy a house for himself and his family. The owner would then pay installments against the home loan and purchase valuable items to ensure a house becomes a home. But the dream might become a

Insurance for damaged cars after Chennai floods. Here are top 3 things car owners should keep in mind.

Chennai floods have already caused a severe damage to your car, but you may not find it apparent. If you have a comprehensive car insurance and want to claim for damages in order to be eligible for that, here are the top 3 things you should keep in mind.   Do not start your car

Society Bye – Laws – Redevelopment of Housing Society

Several housing societies in Mumbai are on the verge of undergoing redevelopment or they are in the final stages of confirming the same. Acquisition of conveyance or deemed conveyance is critical to get to the redevelopment stage. Click here to read what the housing society bye – laws state about that. Undergoing redevelopment is a

Society Bye – Laws – To Write Off of Irrecoverable Dues of your Apartment Complex

When you are a managing committee member of a housing society, you often face the worry of dealing with irrecoverable dues. These include any loans and interests, charges due from housing society members, funds spent in recovery of those dues, accumulated losses and so on. Some housing societies create a bad debt fund for the

Society Bye – Law – Conveyance / Deemed Conveyance of the Property, and Redevelopment and Repairs/Maintenance of the Property

If you have read our previous blogs on deemed conveyance and the documents required for deemed conveyance, then you must be aware about how vital it is to acquire conveyance or deemed conveyance for your housing society. It is one of those documents you would want to save on your apartment management software for all
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