I attach a file containing recommendations of the Commissioner for Co-operation, Maharashtra to exclude and exempt co-operative housing societies from the requirement of executing indemnity bond by the managing committee members, which is self-explanatory. It is quite logical, as housing co-op committee is doing a totall voluntary service to its own members and does not engage in any financial or other business activities. When the Commissioner himself has felt the need for exemting the housing societies, I wonder why the eminent experts are not pursuing the matter with the Government to amend the relevant law! It has become a prime source of corruption to the babus in the Registrars' office. So long as the law is not amended, the harassed members doing voluntary service cannot expect any help from Courts.
