M20 bond for coop housing society
arunkumark
(Querist) 23 July 2014
This query is : Resolved
M20 bond is already abolished in sept 2012.the committee formed in 2007 did not file M20 bond as they were not aware of it.That committee is dissolved after the scraping of M20 bond and new commitee is formed in oct 2012. what action can be taken against that old committee for not filing the M20 bond and where to file the complaint and what punishment/fine/penalty for them.
ajay sethi
(Expert) 24 July 2014
forget the whole issue now . since new MC has taken charge and M 20 bond is no longer required dont adopt a vindictive attitude towards old MC
T. Kalaiselvan, Advocate
(Expert) 27 July 2014
Expert Mr. Sethi has rightly observed the issue and advised further action, you may follow it.