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Upendra (Executive)     17 November 2014

Co-operative soc.

Residential Co-oerpative Soc. of my Flat is charging additional maintenance charges (already we have submitted life time maintenace)  without showing the budgeted plan for next financial year.I would not like to pay becuase I am not sutisfied with the non Audited Balance sheet which they have presented for last year.

More over I am still non cleared that whether the soc. is registered ligally or not. becasue still we have not received any share certificates by the co-operative soc.

Also they have presented that 20% amount is deducted as TDS from the One Maintence amount Interest.I would like to know wherther this possible,

Please suggest that can Soc. charge the due amount after some as a part of additional maintenace charge. ? If yes then from which period the date of Share receipt or form the date of decision taken by soc. ?

 

 

 

 

 

 

 



 1 Replies

T. Kalaiselvan, Advocate (Advocate)     18 November 2014

You may have to refer to bye laws of the society which will authorise the AGM to levy the additional charges as required by passing a resolution to this effect in the meeting. You may also clarify the same from the minutes found in the  book of the society maintained for the AGM or any other resolution passed in this regard. If you find it as illegal and exorbitant, you may ask them to give it in writing after which you can consult with your lawyer for working the legalities of it and processing further legal action on it.  First of all, if the society is not registered, they cannot demand such things which will be considered as illegal, hence ask them to register the society and issue the members with the share certificate as per the rules of the society.


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