Hi All,
I live in south of Bangalore in apartment complex called sterling terraces. Its been 7 to 8 years so far, the apartment owners have formed an association however, its not yet registered. My question : Do the association have rights to define by-laws and follow the by-laws (even though DoD is not taken place so far) with day to day operations like collecting maintenance and sinking fund. levying penalty up to 24% for non-payment of maintenance charges etc.,?
Recently I was penalized a hefty 24% for not paying the maintenance charge for the quarter. I had missed this as I did not get notice which typically sent as a Invoice. In the next invoice also, there was no mention of arears. when I went to office bearers they just told me that its my duty to pay on time and nobody will remind me. Currently they have a dedicated accountant as well.
Your suggestion will help me how to proceed.
thanks in advance,
