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Sayed Maqsood Ahmed   27 August 2023

AGM of housing society

dear learned advocates,

as per the invitation of our MC we went to attend the AGM today.

when we questioned about certain irregularities in the financial documents the MC members left the AGM meeting in middle and told us that the new AGM meeting date would be announced by them soon.

can the action of MC valid under Maharashtra Cooperative Housing Society act 1969

your immediate response would be highly appreciated

Best regards


 2 Replies

T. Kalaiselvan, Advocate (Advocate)     28 August 2023

If the business on the agenda of the general meeting of the society is only partly transacted, then, the meeting can be postponed to any other date decided by the members present in the meeting, which should not be later than 30 days from the original AGM.

Sayed Maqsood Ahmed   28 August 2023

Dear learned advocate

Many thanks for your valuable legal point.

Point to note that the members who attended the AGM didn't  ask to adjourn the meeting and suggested a new date 

The MC all of a sudden adjourned the AGM to avoid answering to the questions raised by certain members of the draft audited reports. 

Please review my question and advice accordingly 

Many thanks in advance 

Best regards 


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