LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Terrace repair expense claim

(Querist) 18 August 2014 This query is : Resolved 
Query 1: Is there any need to put the issue of Leaking Terrace Repairs in the Co-operative society Annual General Meeting?

Query 2: Also, in the AGM can a proposal be passed to reject such a claim of reimbursement of terrace repair expenses, when such an expediture bills are provided to the AGM?
R.K Nanda (Expert) 18 August 2014
depends on bye laws of CHS.
ajay sethi (Expert) 18 August 2014
if total expenditure to be incurred exceeds Rs 50,000 approval of AGM would be necessary . obtain authorisation from AGM for carrying out repirs , to invite quotations and to award contract . then only get work done of repirs to terrace
Rajendra K Goyal (Expert) 18 August 2014
Agree with the experts.
kavkaz (Querist) 23 August 2014
Does the above said Rs. 50,000 includes the terrace repair expense of my neigbours as well. Or only my expense should not exceed Rs. 50,000.
ajay sethi (Expert) 23 August 2014
total expenses of terrace repairs . MC cannot spend more than RS 50,000 without prior approval of AGM


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :