By Vimal Punamiya, FCA, LLB In respect of Tenants co-partnership co-operative societies, which are of the nature of “Flat Owners Societies” in which the flats are acquired by the society from the builder on ownership basis and thereafter Society is formed, and land is conveyed to the society and individual members acquire ownership rights
Tag: society law
Impact of GST on Housing Societies
By Accommodation Times Bureau Multiple taxes, even across state borders, has always been known to make trade in India expensive and complicated. GST (Goods and Services Tax) is a fiscal reform being made to introduce a single taxation system across the entire nation. Manufacture,distribution, and provision of goods and services, fields
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
Registration of a Resale Agreement in a Society: Dos & Don’t
By Advocate S R Agarwal Accommodation Times Bureau Usually, there is a misconception that a resale agreement for the purchase of a flat in a registered society does not require registration and such understanding seems to be based on the provisions of Section 41 of the Maharashtra Co-operative Societies Act 1960, which
What precautions should be taken by the parties during the pendency of dispute in Co-operative Court ?
Accommodation Times Bureau Precautions By Parties What precautions should be taken by the parties during the pendency of dispute in Co-operative Court ? Answer: Even if the Advocate is appointed by the Society, the Society should see someone on its behalf attends the matter, but it remain present by the parties concerned or