Co. op. housing society due date falls on sunday


If the due date of the maintenance bill of a Co. Op. Hsg. Society falls on a Sunday (RBI NEFT Holiday), and the bank thus transfers funds through NEFT on the next working day, i.e. Monday, is the Co. Op. Housing Society correct in charging late payment interest?

 
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No, it is unfair on part of society. 

 
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Dear Mr. Siddharth,

Thank you for your response. I know it is unfair, but I need to substantiate my response by quoting relevant laws. Is there a law that I may quote in my letter to the society?

 
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