(xviii) ‘Major Repair Funds’ means a Fund created by the society and constituted under Bye-law No. 13 (b), for the purpose of Major Repairs including Plastering, building of compound wall, pavement, total painting, reconstruction. (xix) ‘Municipal Act’.
MODEL BYE – LAWS OF COOPERATIVE HOUSING SOCIETY
(a) The name of the society shall be……………………………….. Name of the Society
- A Society may frame its own bye-laws but these by laws of society must not contradict the Societies Registration Act of the concerned state. In most cases, though societies use the model bye-laws that are provided, coupled with the provisions of the Housing Societies and Rules act.
- Society Bye Laws New for co operative housing society 2020. Society bye laws 2020 for Maharashtra. And in Marathi – Upvidhi Sahkari Grah Nirman Sanstha Maryadit. The bye laws has a number of topics such as. Fund raising, their utilization and investment.
(b) The society shall follow the procedure laid down under Section 15 of the Act and Rule 14 of the Rules for the change of its name. Procedure for changing the name.
(c) The society is classified under major class “Housing” with sub-class Tenant Co-partnership Housing Society.” Classification.
Address of the society.
2. (a) (i) The registered address of the society shall be as under:
(ii) Address for Correspondence (as decided by the Managing Committee)
(b) Any change in the registered address of the society shall be intimated by it to the Registering Authority and all others concerned within 30 days of such change.
(c) Any change in the registered address of the society shall be made after following the procedure laid down in Rules. Procedure for changing the address of the Society.
(d) The society shall exhibit at a conspicuous place at the main entrance of the building, a Board indicating its name. Registration number and the registered address. Exhibition of Name Board.
II. INTERPRETATIONS
(i) ‘Act’ means the Maharashtra Co-operative Societies Act; (MCS Act) 1960.
(ii) Bye-laws’ means by-laws consistent with Act and registered under this Act for the time being in force and includes registered amendments of such bye-laws.
(iii) ‘Chief Promoter’ means the person who is elected by the Promoters, in their first meeting, or in their subsequent meetings in case the post of the Chief Promoter lies vacant, till the first general meeting.
(iv) “Committee” means the Committee of management or board of directors or the governing body or other directing body of a cooperative Housing society, by whatever name called, to which the management of the affairs of a society is entrusted and vested under section 73 of the Act
(v) ‘—– Days’ Clear Notice means the number of calendar days intervening between the day of posting the notice and the day of the meeting.
(vi) Flat’ means a separate and self contained set of premises used or intended to be used for residence, or office, or show-room, or shop, or godown and includes a garage, or dispensary, or consulting room, or clinic, or flour mill, or coaching classes, or palnaghar, beauty parlour, the premises forming part of a building and includes an apartment.
(Vii) ‘Housing Federation’ means the federation of cooperative housing societies, registered and notified under the Act.
(viii) ‘Ownership Flats Act’ means the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act. 1963.
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Maharashtra Co-operative Housing Society Bye-laws are set in accordance with the rules of Maharashtra Co-operative Societies Act 1960. These bye-laws provides a distinct guidelines to the co-operative society management to facilitate ease of functioning and peaceful cohabitation of the members. Also Maharashtra Cooperative Housing Society Bye-Laws aids societies to initiate any redevelopment process as per the norms of the authority.
Therefore, let us have a look at the key features that the MCS Act 1960 states:
Area of operation: The act states that the area of operation for any co-operative housing society is confined to all the cities and towns of Maharashtra. For the societies located at Brihan Mumbai, insertion of City Survey Number and Ward in mandatory.
Affiliation: Upon registering, the society becomes a member of Housing Federation of the district. As such the society becomes eligible to receive funds from the district central co-operative bank as per the bye-laws of the respective organisations.
Fundraising: As per the act, the society can raise fund for themselves as and when required either by charging an entrance fee or issuing shares or offering loans and subsidies. They can charge fee on transfer of shares along with occupancy rights as well. Also the society is eligible to receive voluntary donations.
Maharashtra Housing Society Bye Laws 2019 In Marathi Pdf
Members Rights and Responsibilities: As per the bye laws, the membership of the society must include the associate members and nominal members. Anyone who is competent to contract under the Indian Contract Act, 1872 or a corporate body constituted under any law for the time being in force, or a society registered under the societies registration act, 1860 are eligible for membership. The eligible candidate need to pay a membership fee as per the society bye-law before getting inducted as a member.
Incorporation of duties: The bye-law vest the body of registered society with certain duties. Accordingly, the society need to conduct the structural audit of the buildings of the society once in 5 years for the buildings between 15-30 years of age and once every 3 years for building above 30 years.
Society Management: In accordance to MCS Act, 1960, the registered society need to open a banking account of the society in the nearest State or District Central Co-op. Bank or its branch or in any scheduled co-op Bank.
Resolution of complaints: The Act states that any dispute regarding the business activities of the society can be forwarded to any society member of surety of the member for resolution.
Society Bye Laws 2019 In Marathi Pdf Online
Source: https://www.commonfloor.com/guide/the-maharashtra-cooperative-housing-society-bye-laws-36847.html