Maharashtra cooperative housing societies act 1960 pdf

It is hereby enacted in the eleventh year of the republic of india as follows. This act was passed as a law by the maharashtra legislative assembly in 1960 enacted in the eleventh year of the indian republic. How much can housing societies charge as transfer charges. With one single amendment in the maharashtra cooperative societies act 1960, the state government has allowed cooperative housing societies chs having less than 200 members, to hold elections.

Section 91 to 101 maharashtra cooperative societies act 1960. An act further to amend the maharashtra cooperative societies act, 1960. Section 101 of mcs act 1960 defaulters in housing societies. Dividend, farming society, federal society, firm, general society, housing. Download full text of the amended maharashtra cooperative.

Government of maharashtra law and judiciary department maharashtra act no. Section 74 to 80 maharashtra cooperative societies act 1960. Also maharashtra cooperative housing society byelaws aids societies to initiate any. Whereas, with a view to providing for the orderly development of the cooperative movement in the. Salient features of new housing chapter in mcs act 1960. Maharashtra cooperative societies second amendment act.

The maharashtra cooperative societies act 1960 has been amended extensively by the maharashtra cooperative societies amendment act 20 on dt. Maharashtra cooperative societies act, 1960 bare acts live. Xxiv of 19612 preamble an act to consolidate and amend the law relating to cooperative societies in the state of maharashtra whereas with a view to providing for the orderly development of the cooperative movement in the state of maharashtra in accordance with the. A new chapter in a move to reduce litigation relating to cooperative housing societies arising from the provisions of the maharashtra cooperative societies act, 1960 act, a recent amendment to the act has been effected on 31 october 2018 through maharashtra ordinance no. The answer lies in bylaw no 38 of the 20 model society bylaws framed under the maharashtra cooperative societies act, 1960, read with circular dated august 9.

Jan 18, 2017 recent changes in maharashtra coop society act december 26, 2016 following are some of the important changes done in the mcs act, 1960 and also in the model byelaws of cooperative housing societies. Selected sections of amended maharashtra cooperative societies act, 1960 for housing societies with latest changes from mcs amendment bill, 20 dated august, 20 dear reader, this book contains only those sections of the amended maharashtra cooperative societies act, 1960, which are directly relevant to housing societies. Ownership flats act means the maharashtra ownership flats regulation of the promotion of construction, sale, management and transfer act. The government of maharashtra issued an ordinance on th of february, 20 to amend the maharashtra cooperative societies act, 1960. Mar, 2018 vii housing federation means the federation of cooperative housing societies, registered and notified under the act. Maharashtra cooperative societies act, 1960 provides order and laws for development of cooperative societies in the state of maharashtra. The governor of maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action further to amend the maharashtra cooperative societies act, 1960, for the purposes hereinafter appearing. Maharashtra state cooperative council the maharashtra cooperative societies act 1960. Every society shall, within a period of three months next after the dale general fixed for making up its accounts for the year under the rules for the time being in meeting force, call a general meeting of its members. Later the amendment act to amend the maharashtra cooperative societies act, 1960 was introduced and the same was passed in the maharashtra legislature. We have converted the cooperative housing society byelaws, maharashtra cooperative societies act and maharashtra cooperative societies rules in web format so that the readers can quickly search the relevant section byelaw rule no. In exercise of the powers conferred by subsections 1 and 2 of section 165 of the maharashtra cooperative societies act, 1960 maharashtra xxiv of 1961, the government of maharashtra hereby, after previous publication as required by subsection 3 of that section read with section 22 of the bombay general clauses act, 1904 bombay i of 1904, makes the following rules, namely. The maharashtra cooperative societies act, 1960 auditor. Housing society federation members are against the new rules regarding nomination of members as announced in the recent ordinance to amend the maharashtra cooperative societies act 1960.

Recent changes in maharashtra coop society act procomindia. He is a chartered account practicing for the last 2 decades. Act, 1960 hereinafter referred to as mcs act or the said act, for the sake of. Maharashtra cooperative societies act 1960 complete act. The maharashtra government has issued a government resolution gr to amend maharashtra cooperative societies act of 1960. Maharashtra cooperative societies amendment act 20 co.

The maharashtra cooperative housing society byelaws. Maharashtra housing regulation and development act 2012. Earlier, the cooperative housing societies used to proceed against the defaulting member for recovery of dues under section 101 of the mcs act, 1960 with full fledged trial in the cooperative court with all the ingredients e. Maharashtra cooperative societies acts section 219b clearly defines. The maharashtra cooperative societies act i960 maharashtra act no. Following are some of the important changes done in the maharashtra cooperative society act, 1960 and also in the model byelaws of cooperative housing societies. As housing societies are not apparently engaged in any income earning activities, there is a perception that they are not required to comply with any income tax provisions. Ordinance to amend maharashtra cooperative societies act. The maharashtra cooperative societies act, 1960 maharashtra act no.

The maharashtra cooperative societies act, 1960 enter your mobile number or email address below and well send you a link to download the free kindle app. Housing society members oppose nomination rules pune. Registration of a society under section 8 shal l be made in form a in marathi, hindi. Classification of cooperative housing societies is made in the maharashtra co operative societies act 1960 and rule 10of rules 1961. Then you can start reading kindle books on your smartphone, tablet, or computer no kindle device required.

Section 149 to 154 of maharashtra cooperative societies act 1960. Housing society federation means the federation of cooperative housing societies, registered and notified under the act. Model bye laws of cooperative housing society blogs. The elections for cooperative housing societies in maharashtra with less than 250 members will not be held before april as amended rules are. Associate member cannot be part of managing committee. English version of directive under section 79a of the mcs. Raising dispute in that behalf is a dispute referable to the cooperative court under section 91 of the m c s act 1960 to the exclusion of any other court. Ramani advocate the maharashtra cooperative societies third amendment ordinance 2018 promulgated by the governor of maharashtra brings about significant changes in the cooperative societies act, mainly to cater to the issues of cooperative housing societies. It shall come into force on such date as the state government may, by notification in the official gazette, appoint. It extends to the whole of the state of maharashtra.

Some changes have been arbitrarily made by the cooperation department. Selected sections of amended maharashtra cooperative. Xxiv of 1961 the maharashtra cooperative societies act, 1960 as modified upto the 5th september 2012 printed in india by the manager,government central press,mumbai and published by the director,government printing,stationery and publications,maharashtra. Concept of new members like joint and provisional members. How much can housing societies charge as transfer charges, as. It is now easy to read with the help of footnotes and section reference. Whereas it is expedient further to amend the maharashtra. Oct 16, 2012 the maharashtra cooperative societies act, 1960. Elections to the housing societies fir less than 200 members to be conducted internally by the society.

And whereas the governor of maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action further to amend the maharashtra cooperative societies act, 1960, for the purposes hereinafter appearing. Recent changes in maharashtra coop society act december 26, 2016 following are some of the important changes done in the mcs act, 1960 and also in the model byelaws of cooperative housing societies. The mcs act 1960 cooperative housing society in mumbai. He was a member of deemed conveyance committee of govt. Niyaman laws of the cooperatives cooperation is an activity of the people. An act to consolidate and amend the law relating to cooperative societies in the state of maharashtra. Aug, 2018 the governor of maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action further to amend the maharashtra cooperative societies act, 1960, for the purposes hereinafter appearing. Xxiv of 1961 the maharashtra cooperative societies act, 1960 as modified upto the 5th september 2012 printed in india by the manager,government central press,mumbai and published by the director,government printing,stationery and publications, maharashtra state,mumbai. For statement and reasons, see maharashtra government gazette, 1960, part 5, pages 270273.

Housing societies with less than 200 members can conduct. Provided that, the registrar may, by general or special order, extend the period for holding such meeting for a further period not exceeding three months. In this act, unless the context otherwise requires. Income tax rules for cooperative housing societies. Xxiv of 1961 received the assent of the president on the 4 th may, 1961. It is a selfgenerated, voluntary and selfsufficient activity. Xxiv of 1961 the maharashtra cooperative societies act i960. Free housing society accounting and billing software hurry up offer valid only for this month. Amended by mah as amended by mah as amended by mah 5 of 1962. Recovery under section 101 of the m c s act 1960 indian. In section 2 of the maharashtra cooperative societies act, 1960. English version of directive under section 79a of the mcs act and rules housing societies in maharashtra by chief secretary cooperation government of maharashtra maharashtra government order no sagruyo 2007case no. Free housing society accounting and billing software hurry up offer. An ordinance to amend the maharashtra cooperative societies act of 1960, dated 30th october 2018 with immediate effect.

The cooperative societies are governed under,the maharashtra cooperative societies. Of maharashtra represented before the joint committee for making changes in the maharashtra housing act 2012. In exercise of the powers conferred by subsections 1 and 2 of section 165 of the maharashtra cooperative societies act, 1960 maharashtra xxiv of 1961, the government of maharashtra hereby, after previous publication as required by subsection 3 of that section read with section 22 of the bombay general clauses act. Whereas, with a view to providing for the orderly development of the cooperative movement in the state of maharashtra in accordance with the relevant directive principles of state policy enunciated in the constitution of india, it is expedient to. Maharashtra act no xvi of 20 maharashtra cooperative society act 1960 english. An ordinance to amend the maharashtra cooperative societies. Annual general meeting the maharashtra cooperative. This act may be called the maharashtra cooperative societies act, 1960. Mcs act is now easy to read with the help of footnotes and section reference. One of the main amendments in the gr allows small cooperative housing societies chs to conduct internal election for managing committee. Collection of overdue society charges is an extremely important business of housing society. Papers means all or any of the items mentioned in the byelaws.

Section 74 to 80 of maharashtra cooperative societies act 1960. These byelaws provides a distinct guidelines to the cooperative society management to facilitate ease of functioning and peaceful cohabitation of the members. Section 22 to 35 maharashtra cooperative societies act 1960. Not all the changes in the new model byelaws are based on recent amendments in maharashtra cooperative societies mcs act 1960. Now therefore, in exercise of the powers conferred by clause 1 of article 2 of constitution of india, the governor of maharashtra is hereby pleased to promulgate the following ordinance, namely. Section 91 to 101 of maharashtra cooperative societies act 1960. The answer lies in bylaw no 38 of the 20 model society bylaws framed under the maharashtra cooperative societies act, 1960, read with circular dated august 9, 2001, issued by the government of maharashtra. Hence little governmental interference is desirable. The maharashtra cooperative societies act, 1960 ebook. Maharashtra cooperative society act 1960 recent changes.

Maharashtra cooperative societies act, as it stood, is designed to regulate the affairs of cooperative societies, in. Maharashtra cooperative societies act, 1960, for the purposes hereinafter appearing. The condition for membership applicant to take 10 shares of rs. Maharashtra cooperative housing society bye laws ii. The question is, whether the law permits an exorbitant levy of transfer charges by a society. Maharashtra cooperative societies act, 1960 lawyerservices. Constitution of india, it is expedient to consolidate and amend the law relating to cooperative societies in that state. Dec 25, 2016 following are some of the important changes done in the maharashtra cooperative society act, 1960 and also in the model byelaws of cooperative housing societies. First published, after having received the assent of the governor in the maharashtra government gazette, on the 31st july 2015. An ordinance to amend the maharashtra cooperative societies act of 1960, dated 30th october 2018 with immediate effect salient features of new housing chapter in mcs act 1960. Do check section 91disputes, section 101recovery of arrears due to certain societies as arrears of land revenue of the mcs act. Model bye laws of cooperative housing society maharashtra. The maharashtra cooperative societies act, 1960 maharashtra act no xxiv of 1961 received the assent of the president on the 4th day of may 1961. Following are some of the important changes done in the maharashtra cooperative society act, 1960 and also in the model byelaws of cooperative housing societies the condition for membership.

Assent first published in the maharashtra government gazette, part iv, on the 9th day of may 1961. Housing is one of the necessity of human being like food and clothing. Vii housing federation means the federation of cooperative housing societies, registered and notified under the act. The maharashtra cooperative societies act, 19601 maharashtra act, no. Though seemingly wellintentioned, some new provisions have dangerous sideeffects. Maharashtra cooperative housing society bye laws offer a clear set of guidelines for management of cooperative housing societies in the. Unless otherwise separately provided in these byelaws, the following and terms shall have the meaning assigned to them herein. In section 73cb of the maharashtra cooperative societies act, 1960 he reinafter referred to as the principal act, to subsection 11, after the existing proviso, the following proviso shall be inserted, namely. Maharashtra cooperative housing society byelaws are set in accordance with the rules of maharashtra cooperative societies act 1960. Maharashtra cooperative societies act 1960 ramesh prabhu. This amendment is vide an ordinance, which requires to be.

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