Interest on one time repair charges

Querist : Anonymous (Querist) 24 August 2020 This query is : Resolved
can mc decide interest to be charge on contribution on one time building repair as per structural audit report in mc meeting or they have to passed in general body meeting

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This discussion explores whether a Management Committee (MC) has the authority to decide on charging interest for one-time building repair contributions, especially when prompted by a structural audit. The consensus leans towards seeking approval from the General Body meeting if the by-laws are silent on the matter, to ensure proper procedure is followed.

Rajendra K Goyal (Expert) 24 August 2020
Why proposed interest to be charged?
If by-laws are silent, prefer the rout of general body.

Rajendra K Goyal (Expert) 25 August 2020
Please avoid repeating query.

Please avoid abbreviation to convey desired information.

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