rangnath.kulkarni (nil) 28 April 2022
Advocate Y.K. Mehrotra (Advocate) 28 April 2022
If the answer to the first is NO and Answer to second is Yes then you are good to go subject to the terms of negotation.
I am an advocate based in Delhi and can take charge of this matter if you may advise so.
Kishor Mehta (CEO) 29 April 2022
In Mumbai Maharashtra any registered CHS building can not be sold as a unit, the 19 members can sell their individual flats to the realty company. The style of the registered CHS remains unaltered, the member not desiring to sell his flat remains a member of the CHS. The purchaser of 19 flats becomes member of the CHS with power of only one vote, as in Maharashtra CHS a single purchaser of multiple flats gets right of one vote only.
rangnath.kulkarni (nil) 01 May 2022
Kishor Mehta (CEO) 02 May 2022
A society can be dissolved by a) its members b) the Registrar c) the Court or d) the Government. Below is the procedure for dissolution.
Section 13 of the Societies Registration Act 1860 includes the following provision – “In case of any dispute relating to adjustment of affairs of a society in case of dissolution, the matter has to be referred to the Principal Court of Civil Jurisdiction of the District where the Registered Office of the society is situated.”
Once the society is dissolved, its activities come to a standstill, and even after the settlement of claims and pending dues, the profits (if any) are not distributed among the members. Instead, the law states explicitly that profits are handed over to ‘some other society, to be determined by the votes of not less than three-fifths of the members present personally or by proxy at the time of the dissolution’. Some states have a subsection clause which states that if the members decide by a majority, the property after settlement may be conferred to the State Government for utilisation in any other project.
rangnath.kulkarni (nil) 04 May 2022
Kishor Mehta (CEO) 04 May 2022
Thank you for the offer, currently I can not spare time for your matter.