co-op housing society

Querist : Anonymous (Querist) 04 October 2024 This query is : Resolved
Co-op housing society, can pass the resolution "with retrospective effect" in there annual general meeting?

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A co-operative housing society's Annual General Meeting (AGM) can indeed pass resolutions with retrospective effect. This is permissible provided the resolution is supported by a majority of either two-thirds or three-fifths of the members present at the AGM. However, the validity also hinges on the specific nature of the resolution and whether it negatively impacts the established rights of any members.

kavksatyanarayana (Expert) 04 October 2024
Yes, if it is resolved by a majority of 2/3rds or 3/5th of members present in the AGM.

T. Kalaiselvan, Advocate (Expert) 05 October 2024
It depends on the subject and also on the majority members supporting the resolution.

P. Venu (Expert) 22 October 2024
What exactly is the resolution? Does it adversely affect settled rights of the members?

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