FREQUENTLY ASKED QUESTIONS Q-1. The building was constructed 25 years ago and the Co-operative Society was registered 20 yrs ago. Inspite of its members best efforts the builders have not given conveyance of property to the Society. The Society wants... (Continue reading)
Can society be formed without consent of the builder ? By Vinod Sampat, Advocate Q.1. Can a Co-operative Housing Society be formed if the builder refuses to co-operate ? What is the minimum number of members required to form a Co-operative society... (Continue reading)
Q: Can a housing finance Company sell a property financed through legal mortgage without the intervention of Court? How is a legal mortgage created? What are the cost implications, stamp duty etc. What are the cost slabs for creating an equitable... (Continue reading)
Sale of flat in Co.op.Hsg.Society in Maharashtra Q.1. For sale of shares and flat in a Co-operative Housing Society, is it necessary to enter into any written Agreement by and between a member and the intending Purchaser ? Under the Contract Act... (Continue reading)
Q.1. How does the Co-operative Society apply for Permanent Account Number ? Q.2. Explain the procedure with regard to deduction of tax at source by a Co-operative Society when the payment above Rs. 20,000/- have been paid to a contractor... (Continue reading)
Q.1. Which are the books of accounts that have to be maintained by the Society ? Q. 2 Rules on proposed additions and alterations by a member ? Q.3. Can the Society amend the Bye-laws ? Can the Society frame Bye-Law... (Continue reading)
TAXATION Q.1. How does the Co-operative Society apply for Permanent Account Number ? Q.2. Explain the procedure with regard to deduction of tax at source by a Co-operative Society when the payment above Rs. 20,000/- have been paid to a contractor for... (Continue reading)