FAQ

Bye-Law No. 3: Definitions

xx. ‘Open space‘ means an Area, forming a integral part of the site, left open to sky.

Bye-Law No. 3: Definitions

xviii. ‘Major Repair Fund’ means a Fund created by the Society and constituted under Bye-law No. 13 (b), for the purpose of Major Repairs including Plastering, building of compound wall, pavement,

total painting, reconstruction.

Bye-Law No. 3: Definitions

xvii. ‘Sinking Fund‘ means the fund constituted under the Bye-law No. 13(c); 

Bye-Law No. 3: Definitions

xvi. ‘Repairs and Maintenance Fund‘ means the fund constituted under the Byelaw No. 13(a);

Bye-Law No. 3: Definitions

xv. ‘Reserve Fund‘ means the fund constituted under the provisions of Section 66 (1) of the Act and the Bye-law No. 12(i);

Bye-Law No. 3: Definitions

xix. ‘Municipal Act‘ means the Maharashtra Municipalities Act 1965 (Mah. XL of 1965).

Bye-Law No. 3: Definitions

xiv. ‘Rules‘ means the Maharashtra Co-operative Societies Rules, 1961;

Bye-Law No. 3: Definitions

xiii. ‘Promoter Builder‘ means a person and includes a partnership firm or a body or association of person, [whether registered or not] who constructs or causes to be constructed a block or building of

flats [or apartments] for the purpose of selling some or all of them to other persons, or to a company, Co-operative Society or other association of persons, and includes his assignees; and where the

person who builds and the person who sells are different persons, the term includes both.

Bye-Law No. 3: Definitions

xii. ‘Promoter‘ means a person, who has signed the application for registration of the Society.

Bye-Law No. 3: Definitions

xi. ‘Prescribed Form‘ means the form included in the Annexure II indicating the bye-law No. under which it is prescribed and the Appendix at which it is enclosed;

Bye-Law No. 3: Definitions

x. ‘Parking Space‘ means open space within the premises of the Society earmarked by it for parking of vehicles and includes a stilt, basement, podium , mechanized parking;

x. a. ‘Parking Slot’ means demarcated and numbered individual parking slot for a single vehicle (for four wheeler LMV or two wheeler) within the Parking Space available with the Society

Bye-Law No. 3: Definitions

viii. ‘Ownership Flats Act‘ means the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act. 1963

Bye-Law No. 3: Definitions

vii. ‘Housing Society Federation‘ means the federation of cooperative housing societies, registered and notified under the Act;

Bye-Law No. 3: Definitions

vi. ‘Flat‘ means a separate and self contained set of premises used or intended to be used for residence, or office, or show-room, or shop, or godown and includes a garage, or dispensary, or consulting room, or clinic, or flour mill, or coaching classes, or palnaghar, beauty parlour, the premises forming part of a building and includes an apartment;

Bye-Law No. 3: Definitions

v. ‘__ Days‘ Clear Notice means the number of calendar days intervening between the day of posting the notice and the day of the meeting;

Bye-Law No. 3: Definitions

ix. ‘Papers‘ means all or any of the items mentioned in the bye-laws Nos. 142 and 143

Bye-Law No. 3: Definitions

iv. ‘Committee’ means the Committee of management or board of directors or the governing body or other directing body of a cooperative Housing Society, by whatever name called, to which the management of the affairs of a Society is entrusted and vested under section 73 of the Act.

Bye-Law No. 3: Definitions

iii. ‘Chief Promoter‘ means the person who is elected by the Promoters, in their first meeting, or in their subsequent meetings in case the post of the Chief Promoter lies vacant, till the first general meeting.

Bye-Law No. 3: Definitions

ii. ‘Bye-laws’ means by-laws consistent with Act and registered under this Act for the time being in force and includes registered amendments of such bye-laws;

Bye-Law No. 29: Resignation of Nominal Membership (Corporate Representative)

If there is a nominal Member, occupying the flat on behalf of a firm, company or any other body corporate, he/she may resign his nominal Membership, at any time, by writing the letter of the resignation to the Secretary of the Society through the firm, the company or any other body corporate, on whose behalf he is occupying the flat. The Secretary of the Society shall place the letter of resignation, before the meeting of the committee, held next after the receipt of the letter of the resignation of the Nominal Member, duly recommended by the firm, the company or any other body corporate for acceptance by the Committee. The decision of the Committee, accepting the resignation shall be communicated by the Secretary of the Society to the firm, company or the body corporate and the nominal Member, within 15 days of the decision by the Committee. If the resignation is rejected, the Committee shall record reasons therefor in the minutes of its meeting and the Secretary shall communicate the same to the firm, company or the body corporate and the nominal Member within the time specified above.

Bye-Law No. 30: Resignation of Nominal Membership (Rental, etc)

A sub-letter, licensee, caretaker or possessor of a flat or part thereof, who has been admitted as a nominal Member of the Society may resign his nominal Membership at any time, by writing the letter of the resignation to the Secretary of the Society, through the Member who has been permitted by the Committee to sub-let, give on leave and licence or caretaker basis the flat or part thereof or
part with its possession in any other manner. The Secretary of the Society shall place the letter of the resignation before the meeting of the Committee, held next after the receipt of the letter of the resignation duly recommended by the Member concerned for acceptance by the Committee. The decision of the Committee, accepting the resignation shall be communicated by the Secretary
of the Society to the Member concerned and his sub-lettee the licensee, the caretaker, or as the case may be, the possessor of the flat or part thereof, within 15 days of the decision by the Committee. If the resignation is rejected, the Committee shall record reasons there for in the minutes of its meeting and the secretary of the Society shall communicate the same to the Member concerned and his sub-lettee, licensee or caretaker etc. within the time specified above.