sinking fund utilisation

ravi venkataraman (Querist) 17 April 2011 This query is : Open
Respected councels,

Iam a member of a Co.Op Hsg.Soc. in Maharashtra. As per the recent G.O. of Govt. of Maharashtra, Sinking Fund can be utilised without Dy.Registrar's permission. Now the Society is in the verge of utilising the fund for major repairs. In this juncture, my earnest query is whether to replenish back the same or Not?

Shall appreciate learned counsels's replies & suggestions.

Ravi Atreya

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