Form m-20

The bond in Form M-20 is to be filled in and submitted by each committee members stating that the member shall be jointly and severally responsible for all the decisions taken by the committee during its term relating to the business of the society and shall be jointly and severally responsible for all acts.
The member who fails to execute such a bond within the specified period shall be deemed to have vacated his office as a member of the committee. Bombay High Court too has upheld this provision of MCS Act. Attention is also invited to the Bye-law no 136 of the old Model bye-laws and Bye-Law.

Sir Thank you very much for your prompt reply.. But my question was whether we can request the Registrar to dissolve the existing committee if the newly elected have not executed such bonds.

If this is a mandatory requirement but not complied by them then the registrar may be approached with a representation in writing to initiate appropriate legal action as per provisions of law.

Sir thanks for your reply. Today I approached the Registrar Pune (4). But he said that M-20 has been abolished and now there is no need of the same. Kindly guide.

You are welcome for your understanding.

You may proceed as suggested by the registrar on all such further issues.