Upgrad LLM

utilize of sinking funds in repair of building

OFFICE STAFF

hi all,

We co.op.housing society want to utilized sinking funds of about 2 lakhs for repair of building which is about 20 years old. What’s the procedure to incure this sinking funds for repair of building and also for overhead water tank as per rules.

 

Yours timely guidiance will be highly appreciated.

regards

 
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