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Showing posts from August, 2012

HOW SAHAKARSUTRA HELPS BY GUIDING CHS MEMBERS

Use SAHAKARSUTRA’S   Knowledge-Bank for Solving Your Cooperative Housing Society Problems Dear friends, We live in cooperative housing societies (CHS), but we usually fail to ensure that they work well. A major reason is that we lack the working knowledge of CHS functioning. This need not be the case; a wealth of useful information is available for study, thanks to our tireless team at SAHAKARSUTRA –we keep updating the latest amendments in the laws, important court orders, etc. We are setting up this “knowledge-bank”, from where you can get essential information for Cooperative Housing Society dispute resolution and also smooth running. WHY CHS ACTIVISM IS THE NEED OF THE HOUR  The CHS is the most basic unit of local self-governance. Unfortunately, few people have a proper understanding of CHS rules, laws, procedures and administrative/judicial mechanisms that provide our constitutional safeguards. The result is arbitrariness and misuse of power by man...

M-20 Bonds for Cooperative Housing Societies may be scrapped

M-20 Bonds for Cooperative Housing Societies may be scrapped M 20 Bonds meant for Managing Committee members of Co-operative Housing Societies may be scrapped soon – a move that will badly hurt the crores of ordinary cooperative housing society (CHS) members living in Maharashtra’s 85,000 societies, while bringing relief to members of managing committees, whose numbers are a mere fraction of these. This was indicated by the Co-operative Minister Harshvardan Patil, at the Housing Melava held in June this year. He said that the requirement for managing committees of CHS to compulsorily file M-20 Bonds within 45 days or face automatic dismissal may be removed. Also, provisions for appointing administrators nominated by the cooperatives department for replacing the expelled managing committees may be removed. And last but not least, new rules may be framed to make it easier for the managing committees of housing societies to expel members who were “troublemakers”. These remarks were ...