festival expenses in housing society


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  • Rule No 24.
    (d) the transfer is registered in the books of the society. (.
    2) Any charge in favour of the society on the share so transferred will continue unless discharged otherwise.

  • Who can be a member of society?

    An Individual: who is competent to contract under the Indian Contract Act 1872, and who resides or intends to resides in the area of operation of the society and who does not own a house, a plot or a flat in his name or in the name of any of the member of his family, in the area of operation of the society, or who owns

  • Can society funds be used for cultural activities in India?

    The Bombay High Court has ruled that a housing society is not a profit-making body and can collect funds for cultural and recreational activities.
    The court dismissed a petition challenging a resolution passed 17 years ago that levied mandatory charges for cultural activities.27 nov. 2023

  • What is the rule 65 of Maharashtra Cooperative society Act?

    Section 65 - Ascertainment and appropriation of profits
    Provided that no part of the profits shall be appropriated except with the approval of the annual general meeting and in conformity with the Act, rules and bye-laws.

  • 21 août 2019 · In order to meet the expenses most of Housing Societies are collecting either as Cultural Fund and or Festival fund as a part of regular monthly  Autres questions
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