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    The Functions of The First General Body Meeting of A Co-Operative Housing Society Will Be As Under

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    Shirish
    The first General Body meeting of a Co-operative Housing Society will elect a president to preside over the meeting. It will admit any new members who purchased flats but did not previously sign up. It will review accounts from the chief promoter and constitute a first provisional Managing Committee or nominate one if not elected. It will authorize conveying the property rights to the society and appoint an internal auditor.

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    The Functions of The First General Body Meeting of A Co-Operative Housing Society Will Be As Under

    Uploaded by

    Shirish
    134 views1 page
    The first General Body meeting of a Co-operative Housing Society will elect a president to preside over the meeting. It will admit any new members who purchased flats but did not previously sign up. It will review accounts from the chief promoter and constitute a first provisional Managing Committee or nominate one if not elected. It will authorize conveying the property rights to the society and appoint an internal auditor.

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    The first General Body meeting of a Co-operative Housing Society will elect a president to preside over the meeting. It will admit any new members who purchased flats but did not previously sign up. It will review accounts from the chief promoter and constitute a first provisional Managing Committee or nominate one if not elected. It will authorize conveying the property rights to the society and appoint an internal auditor.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    134 views1 page

    The Functions of The First General Body Meeting of A Co-Operative Housing Society Will Be As Under

    Uploaded by

    Shirish
    The first General Body meeting of a Co-operative Housing Society will elect a president to preside over the meeting. It will admit any new members who purchased flats but did not previously sign up. It will review accounts from the chief promoter and constitute a first provisional Managing Committee or nominate one if not elected. It will authorize conveying the property rights to the society and appoint an internal auditor.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    The functions of the first General Body meeting of a Co-operative

    Housing Society will be as under:1.

    It will first elect president to preside over the meeting.

    2.

    New members who have purchased the flat u/s 4 of MOFA but
    failed to sign the application for registration society may be
    admitted as members if applied for.

    3.

    The chief promoter will present the accounts up to the period of


    14 days prior to the date of first General Body meeting.

    4.

    First provisional Managing Committee will be constituted. This


    committee will have the same power as the Managing Committee.
    If the first constituted General Body meeting fails to elect the
    provisional Managing Committee, the same may be nominated by
    the registering authority and also nominate the chairman and the
    Hon. Secretary, for a period of one year.

    5.

    Authorize the Managing Committee to secure conveyance of the


    right, title and interest in the property, in the name of the society
    from the builder.

    6.

    Appoint Internal Auditor and fix his remuneration, if necessary.

    7.

    Authorize any one member of the provisional Managing


    Committee to call the first meeting of the Managing Committee.

    8.

    Consider the affiliation of the society as member of the Housing


    Federation of the District and other institutions as may be
    mentioned in Byelaws 6 of the society.

    9.

    Decide the contribution towards repair fund and sinking fund.

    10.

    May decide the rate of interest to be charged on the delayed


    payment of maintenance.

    11.

    May decide the parking charges to be collected from the members.

    12.

    May decide the Non-occupancy charges.

    13.

    Any other matter which is allowed with permission of chair but


    which does not require a special notice.

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