Posts

Showing posts from September 30, 2018

Housing society resolutions void if minutes not approved

A society is entitled to levy a charge provided it is approved by the general body at a valid meeting, in consonance with the bye-laws A resolution, even if passed at an annual general meeting (AGM) of a housing society, would not be binding if there is a lapse in the subsequent procedure of confirmation of minutes within the stipulated time. The State Commission has observed the bye-laws required the draft minutes to be circulated within 15 days and finalized within three months of the general body meeting.