AS PER GOVT.OF MAHARASHTRA GR DATED NOVEMBER2013 IF THE MANAGING COMMITEE
OF HOUSING SOCIETY FORMED BEFORE 6TH SEPTEMBER2012 BUT NOT SUBMITTED M-20 BOND IN THE PRESCRIBED TIME LIMIT THEN IT GETS AUTOMATICALLY INVALID AND HAS NO RIGHT TO PERFORM ANY TYPE OF WORK..PL.GIVE ME ADVISE IN THIS REGARD. ONE OF SUCH MANAGING COMMITEE OF MY MOTHERS HOUSING SOCIETY WAS FORMED IN THE YEAR2008 BUT NOT SUBMITTED THE SAID BOND SO CAN WE TAKE ACTION UNDER THIS CLAUSE FOR THEIR NEFARIOUS ACTIVITIES
