Section 154B-31 : Saving as to existing rules, orders, by-laws, etc The rules, orders, by-laws, circulars or instruments having the force of law and existing on the date o... Continue Reading Share This: Facebook Twitter Google+
Section 154B-30 : House building co-operative societies which have achieved their objectives In case of a house building society where all plots have been allotted to its Members and basic civic service have been... Continue Reading Share This: Facebook Twitter Google+
Section 154B-29 : Recovery of certain sums and arrears due to housing societies as arrears of land revenue Notwithstanding anything contained in sections 91, 93 and 98, on an application made by a housing socie... Continue Reading Share This: Facebook Twitter Google+
Section 154B-28 : Housing Federations, their powers and duties. (1) Notwithstanding anything contained in this Act but subject to the provisions of this section, the State Government... Continue Reading Share This: Facebook Twitter Google+
Section 154B-27 : Obligation of society to take action and Registrar’s powers to enforce (1) If any society is required to take action for performance of its obligations, responsibilities and duties as provid... Continue Reading Share This: Facebook Twitter Google+
Section 154B-26 : Allotment of plots, flats or houses through draw of lots (1) Except when there is a contract to the contrary, allotment of plots of land, flats, house or other dwelling units ... Continue Reading Share This: Facebook Twitter Google+
Section 154B-25 : Management of housing society, housing complex, housing association or housing federation Management of housing society, housing complex, housing association or housing federation shall be carried out in the m... Continue Reading Share This: Facebook Twitter Google+
Section 154B-24 : Motion of no confidence against officers of society (1) An officer who holds office by virtue of his election to that office shall cease to be such officer if a motion of... Continue Reading Share This: Facebook Twitter Google+
Section 154B-23 : Disqualification of Committee and its Members (1) Without prejudice to the other provisions of this Act or the rules made thereunder, in relation to the disqualific... Continue Reading Share This: Facebook Twitter Google+
Section 154B-22 : General provisions for strength of the Committee for quorum Till the time the Members of reserved categories are not available or elected to fill the reserved seats as provided in... Continue Reading Share This: Facebook Twitter Google+
Section 154B-21 : Reservation for women (1) Notwithstanding anything contained in this Act or in the rules made thereunder, or in the by-laws of any society, ... Continue Reading Share This: Facebook Twitter Google+
Section 154B-20 : Reservation of certain seats on Committee of societies and election there to (1) Notwithstanding anything contained in this Act or in the rules made thereunder or in any bye-laws of any society, ... Continue Reading Share This: Facebook Twitter Google+
Section 154B-19 : Constitution of Committee (1) Committee shall consist of such number of Members as may be decided by the State Government by notification or spe... Continue Reading Share This: Facebook Twitter Google+
Section 154B-18 : Utilization of funds Funds mentioned in foregoing sections shall be utilized for the purpose as may be specified in bye-laws of the society:... Continue Reading Share This: Facebook Twitter Google+
Section 154B-17 : Investment of funds A society shall invest or deposit its funds in one or more of the following: — (a) in a District Cen... Continue Reading Share This: Facebook Twitter Google+
Section 154B-16 : Levy of charges by the society Every society shall levy the charges as prescribed towards its such funds created under section 154B-15. Continue Reading Share This: Facebook Twitter Google+
Section 154B-15 : Creation of funds Every society shall create such funds as may be prescribed and also such other funds as it may, from time to time, deci... Continue Reading Share This: Facebook Twitter Google+
Section 154B-14 : Charge of society in respect of share and interest of Member A society shall have a charge upon share and interest of a Member or past Member or deceased Member to the extent of du... Continue Reading Share This: Facebook Twitter Google+
Section 154B-13 : Transfer of interest on death of a Member On the death of a Member of a society, the society shall transfer share, right, title and interest in the property of t... Continue Reading Share This: Facebook Twitter Google+
Section 154B-12 : Transfer of share, right, title and interest A Member may transfer his share, right, title and interest of his property in the society by way of registered document... Continue Reading Share This: Facebook Twitter Google+
Section 154B-11 : Voting rights of Member (1) No Member of society shall have more than one vote in its affairs: Provided that, every right to... Continue Reading Share This: Facebook Twitter Google+
Section 154B-10 : Rights and duties of Member (1) A Member shall be entitled to exercise such rights as provided under this Act, rules and bye-laws. ... Continue Reading Share This: Facebook Twitter Google+
Section 154B-9 : Removal of a Member When any question arises in respect of a Membership of a person as to whether he has been duly admitted to the Membersh... Continue Reading Share This: Facebook Twitter Google+
Section 154B-8 : Rights of Members to inspect the documents (1) Every Member of a society shall be entitled to inspect, free of cost, at the society’s office during office hours,... Continue Reading Share This: Facebook Twitter Google+
Section 154B-7 : Restriction on transfer of share or interest of a Member Subject to the provisions of this Act, in case of a housing society, no transfer of share or interest of a Member or th... Continue Reading Share This: Facebook Twitter Google+
Section 154B-6 : Co-operative education and training to Members, etc (1) Every society may organise co-operative education and training, for its Members, officers and employees through su... Continue Reading Share This: Facebook Twitter Google+
Section 154B-5 : Limit on Membership A housing society shall not admit to its Membership persons exceeding the number of flats or plots, as the case may be,... Continue Reading Share This: Facebook Twitter Google+
Section 154B-4 : Associate, Joint or provisional Member Notwithstanding anything contained in section 22, the society may admit any person as an associate, joi... Continue Reading Share This: Facebook Twitter Google+
Section 154B-3 : Application for reservation of name and permission for opening bank account For the purpose of granting permission to open an account in the bank and reservation of name of the pr... Continue Reading Share This: Facebook Twitter Google+
Section 154B-2 : Registration of co-operative societies No tenant co-partnership housing society shall be registered under this Act, unless it consists of a... Continue Reading Share This: Facebook Twitter Google+
Section 154B-1 of MCS Amendment ACT 2019 (1) “ Allotee ” means a member of a housing society to whom a plot of land or a site, or a flat in a building or comple... Continue Reading Share This: Facebook Twitter Google+