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Raja (Project Manager)     29 August 2022

Collection.of funds for non maintenance activities

Dear Sir, Our apartment has been collecting Funds for welfare functions like ganesh festival, durga pooja, annual sports, etc from all flat members under regular monthly maintenance. Earlier this was collected voluntarily from willing flat owners. Although funds are for cultural welfare I want to know whether it is permissible under the law to collect funds for functions as part of maintenance if it has been passed in AGM

Thank you Rajendra

 



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 2 Replies

Anusha Sharma   30 August 2022

Co-operative Department has made it clear to all types of Co-operative Societies, that it cannot collect fund for any type of activities, which is not part of its Co-operative Society. Therefore, any Co-operative Society cannot collect fund for sports, pooja, lunch, dinner, etc

Raja (Project Manager)     30 August 2022

Thank you Sir for the clarification.

 

Regards
Rajendra


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