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Capital & Revenue Receipts & Expenses

Written on 2 Sep, 2009 at 16:39 in Society | viewed 39 times | 0 Comments

CAPITAL & REVENUE RECEIPTS & EXPENSES. By. Ramesh S. Prabhu . To ascertain the true results of a Society for a particular period it is very important that all expenses are properly classified between Revenue and Capital. For this purpose, some broad... (Continue reading)

Rights, Restrictions, responsibilities and Liabilities of Member

Written on 2 Sep, 2009 at 16:35 in Society | viewed 85 times | 4 Comments

By Harish G. Bhatia Advocate & Professor of Law Rights, Restrictions, responsibilities and Liabilities of Member A Professional office can be allowed in a Purely Residential Zone, as per D.C. regulations for Gr Bombay, 1991 As per Regulation No. 51(iv) of the D.C. Regulations... (Continue reading)

Facts which are no commonly known about co-operative Societies

Written on 2 Sep, 2009 at 16:34 in Society | viewed 50 times | 2 Comments

Facts which are no commonly known about co-operative Societies 1. According to Service Tax department, Co-operative societies are liability to pay Service Tax @ 12.24% on receipts excluding statutory payments, if the receipts are above Rs. 4,00,000/-. Interest @13% per annum and... (Continue reading)

Nomination in a Co-operative Housing Society

Written on 2 Sep, 2009 at 16:33 in Society | viewed 150 times | 8 Comments

Nomination in a Co-operative Housing Society A Nominee when he is not the sole legal heir, is a Trustee, for the legal heirs of the deceased. The practice of providing for Nomination is to ensure that the institutions (Bank, Insurance or... (Continue reading)

Registration of Nominations

Written on 2 Sep, 2009 at 16:32 in Society | viewed 50 times | 4 Comments

Registration of Nominations : The name and address of every person nominated for he purposes of sub-section (1) of section 30 and any revocation or variations of such nomination shall be entered in the register kept under rule 32. Section 30 of... (Continue reading)

Motion of No-confidence can be passed by simple majority

Written on 2 Sep, 2009 at 16:31 in Society | viewed 75 times | 2 Comments

Motion of No-confidence can be passed by simple majority of Committee Members. Bombay High Court clarifies the position The unamended section 73-ID indicated that the requisition for special meeting in response to a motion of no-confidence was required to be signed by... (Continue reading)

Are you owning your flat ?

Written on 2 Sep, 2009 at 16:28 in Society | viewed 22 times | 1 Comment

Are you owning your flat ? By Murari Chaturvedi The sale and purchase of flats requires considerable time for completion of process and compliance of various legalities. As there is no rental housing availability, people are forced to purchase flats on ownership... (Continue reading)

What a nominee should do to become a member of a society.

Written on 1 Sep, 2009 at 18:24 in Society | viewed 39 times | 1 Comment

What a nominee should do to become a member of a society. How is a Nomination name in a Housing Co-operative Society ? If the Society has adopted the Old ... (Continue reading)

Housing Society’s Structural Survey

Written on 1 Sep, 2009 at 18:23 in Society | viewed 12 times | 2 Comments

Housing Society’s Structural Survey Utkarsh A Jani M.D- (Edifice Erection Pvt.Ltd) http://www.buildingmaintenance.co.in info@buildingmaintenance.co.in Every year a large number of buildings in Mumbai collapse, resulting in deaths and economic damage. Sometimes the damage is inflicted by the weather. The salty sea breeze and the heavy monsoon... (Continue reading)

Statutory obligations on the close of CHS year

Written on 1 Sep, 2009 at 18:21 in Society | viewed 11 times | 0 Comments

STATUTORY OBLIGATIONS ON THE CLOSE OF CO-OPERATIVE YEAR The Co-operative year 2002-2003 is coming to a close on 31st March, 2003 All Co-operative Housing Societies will have to attend to the functions to be carried out after the close of the... (Continue reading)

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