Expert Director housing society Expert Director” means and includes a person having experience in the field of Housing, cooperation and the field relating to the objects an... Continue Reading Share This: Facebook Twitter Google+
State Co-operative Election Authority “State Co-operative Election Authority” means an Authority constituted or nominated by the State Government for the purposes of superintende... Continue Reading Share This: Facebook Twitter Google+
What is Authorized Person ‘Authorized Person’ means a person duly authorized to take action under the provisions of this Act. Continue Reading Share This: Facebook Twitter Google+
Working Capital housing society "Working Capital" means funds at the disposable of the Society inclusive of the paid up capital, share capital, funds created out ... Continue Reading Share This: Facebook Twitter Google+
What is Transfer Premium in housing society 'Premium' shall mean and include the amount payable to the Society by the Member, transferring his shares and interest in the capita... Continue Reading Share This: Facebook Twitter Google+
What is Transfer Fees CHS 'Transfer Fees' means the sum payable by a transferor to the Society for the transfer of his shares along with occupancy right as pr... Continue Reading Share This: Facebook Twitter Google+
What is Family in housing society Bye Law No 3 (25) - "Family" means Group of persons which includes husband, wife, father, mother, sister, brother, son, daughter, ... Continue Reading Share This: Facebook Twitter Google+
What is Active Member housing society One who has purchased and owns a Flat / Unit in the Society. One who attends at least one General Body Meeting of the Society in the previou... Continue Reading Share This: Facebook Twitter Google+
Common Areas and Facilities housing society The land on which the building is located; The foundations, columns, girders, beams, supports, main walls, roofs, halls, corridors, lobbies,... Continue Reading Share This: Facebook Twitter Google+
Open terraces in housing society Open terraces means terraces which are otherwise not in the exclusive possession of any of the Members. Continue Reading Share This: Facebook Twitter Google+