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VIKAS ANAND (SECRETARY)     26 June 2014

Coopeartive housing society

1) I am secretary of my cooperative housing society. Our Chairman has sold his flat and has purchased a new flat in same society in another wing and waiting for possession since that is under construction. The new building is also under our cooperative housing society. My query is whether he is allowed to be chairman or he has to resign. The majority is in support of him.

 

2) If he resigns whether the remaining member should elect their chairman or we have to add a new member and then go for chairman election?

Please reply



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 1 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     08 September 2014

if your chairman sold his flat in his own capacity, then no problem. and he may purchase in another wing which belongs to same society.  If the wings belong to two separate societies, in that situation he should resign.

any executive member either chairman/secretary/treasurer resigns from a society, then one person from general body be elected.


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