What is the role of Secretary in housing society?

The Secretary must issue notices and agenda of all meetings of the general body and the committee. He must issue a letter of allotment of flats, prepare and issue demand notices/bills for payment to the Society’s charges, issue a notice of repairs to be carried out in flats.

Can society Secretary resign?

(b) The Secretary or Treasurer of the society may resign his office as Secretary or Treasurer by a letter addressed to the Chairman of the society.

What happens if society does not give NOC?

If the society has not taken any action on such proposal and not issued certificate, the Registrar has power to appoint competent officer and make an arrangement to give vertificate to financial agency or bank and they would have to consider this NOC. Member has to give Indemnity Bond to concerned authority.

What is a cooperative secretary?

PURPOSE OF ROLE. To provide a corporate secretary service to [INSERT NAME OF CO-OPERATIVE] [and its subsidiaries], ensuring that the Board and [Committee members] receive support and advice necessary for them to discharge their duties in the interests of the Co-operative and its members.

What if housing society chairman resigns?

Upon resignation of her post, the other office bearers have to request her to continue as care taker till the time a new chairman is elected/appointed or they can make an alternative arrangement by calling a general body meeting to conduct election for this purpose or to appoint a chairman as an interim relief till the …

Is society NOC mandatory?

No. A No-Objection Certificate (NOC) from Society is not mandatory while buying a flat. A society’s role is limited to registering the transfer of shares from the seller to the buyer. Any attempt by a housing society to block the sale of the flat will violate the law and entail severe legal repercussions.

Who is liable to pay society transfers?

The buyer. Because old member has left society and the new buyer has to become member of the society, so he has to apply for membership after comitee pass membership you have to pay ₹500 for 50 share transfer fees plus ₹100 for new membership.

How to nominate a member for transfer of shares in society?

The Associate Member of the Society has to apply with a prescribed form to nominate a person (can be more than one) to whom the whole or part of the shares/ interest of the Society should be transferred in the event of his death. The Secretary’s acknowledgement is considered to be an acceptance of such nominations.

Do Co-operative Housing Societies comply with the law?

The Campa Cola episode shows that co-operative housing societies must exercise due caution, when it comes to maintaining and ensuring that their buildings comply with the law.

What are the rights of an associate member in a co-operative?

An associate member has similar rights in a co-operative housing society as the original member, albeit there are some exceptions and written consent of the original member is required with respect to certain actions. Let’s understand the basic rights of an associate member by defining the term.

Can the Committee of the Society co-opt two directors?

The Committee of the Society may co-opt two “Functional Directors”, such Members shall be excluded for the purposes of counting the total numbers of the committee and shall have no right to vote.