PNB freezes bank account of fake Housing Societies in Vidya-Vihar West

By Rohit Sharma MUMBAI: Recently, Punjab National Bank (PNB) has blocked the bank account of Avanti CHS Ltd (proposed) and two other buildings in the residential complex, Neelkanth Kingdom located in Vidya-Vihar (West), for flouting KYC requirements and illegally opening the bank account, said the sources. On February 2019, PNB had sent a

Housing societies below 100 member may hold election on own

By Accommodation Times Bureau After several efforts from consumer activists, the state cabinet immune those cooperative housing societies who have less than 100 members may soon be allowed to hold elections itself rather than going to long process. “The decision of cabinet will have to enacted through amendment or ordinance of  Maharashtra

Society’s failure to fix leakage, 2 flat owners gets Rs 60,000 payout

By Accommodation Times Bureau MUMBAI After the complaint filed before the additional Mumbai Suburban District Members Consumer Disputes Redressal Forum, it directed Mohatta Nagar cooperative housing society’s secretary to complete the repair work of buildings and flats in 3 months. The two complainant's had filed the separate complaint about failing to fix the

Maha state to have separate office for cooperative housing societies

By Accommodation Times Bureau MUMBAI The State Cooperation Minister, Subhash Deshmukh on Monday said that the Maharashtra government will set up a different office for issues related to cooperatives housing societies to safeguard the interest of residents. Deshmukh informed that “The new chapter will be ready in 3-4 months. Some new rules will

Co-operative Housing Societies are not subject to RTI Act

By Dr Sanjay Chaturvedi, LLB, PhD Accommodation Times Bureau In a retrograde judgement in the case of C. P. DHARMESH V SUSHIL KUMAR & ORS (ESIC FRIENDS C.G.H.S.LTD.) the Central Information Commission (CIC) has held that the Cooperative Housing Societies of Delhi are not pubic bodies since they are not funded by the Govt hence