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 by-laws are silent. The consensus leans towards requiring a General Body meeting for such decisions to ensure proper authorisation, as the MC's powers might be limited in this regard.

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

Dr J C Vashista (Expert) 25 August 2020
Incomplete and vague facts can not lead to form proper opinion and oblige.

Shilesh Patel (Expert) 25 August 2020
incomplete material fact

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

Please avoid abbreviation to convey desired information.

P. Venu (Expert) 25 August 2020
The posting is vague and disconnected.

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