Mumbai: Cooperative bodies in the state, including housing societies, will soon have a new set of rules. The elections of all cooperative societies will be conducted by a separate election authority headed by an acting or retired secretary-rank officer appointed by the governor. Only those who have attended at least one general body meeting in five years and provided a minimum level of services (to be defined later) will be eligible to vote. The size and content of the committee will also change, with fewer reservations, an upper ceiling of 21 members and the requirement to co-opt two expert members.
As per the amendments approved to the Maharashtra Cooperative Societies Act, 1960, by the state cabinet, the annual general body meeting must be held by September 30. Confusion over new property tax bills T he BMC’s decision to compute property tax under the new capital valuebased system has led to complaints from property owners and activists about a lack of transparency and several flaws.
Co-op panels, boards allowed to finish term
Mumbai: The state cabinet on Wednesday approved major amendments to the Maharashtra Cooperative Societies Act, 1960, after a marathon meeting. The amendments are meant to align cooperative law with the 97th Constitution (Amendment) Act, which recognizes the formation of societies as a fundamental right. The Centre fixed February 14 as the deadline to amend laws. The amendments will come into force after an ordinance is promulgated by the governor’s office.
The influence of the cooperative sector, which forms the backbone of state politics, ranges from housing societies to sugar cooperatives to district cooperative banks.
With the setting up of the separate election authority likely to take time, the government decided to extend the time for cooperative society elections due by March 31 to December 31. There are 14,298 cooperative societies in the state whose elections are due by March 31; only two are housing societies in Mumbai.
If the annual general body meeting of a cooperative is not conducted by September 30, the guilty parties will be disqualified from being on the managing committee for five years.
Current managing committees and boards will be permitted to complete their tenure. The number of reserved seats on committees has been lowered from seven to five. Co-opted managing committee members will have voting rights except for office-bearer elections.
NEW LAWS FOR HOUSING SOCIETIES
As per the amendments approved to the Maharashtra Cooperative Societies Act, 1960, by the state cabinet, the annual general body meeting must be held by September 30. Confusion over new property tax bills T he BMC’s decision to compute property tax under the new capital valuebased system has led to complaints from property owners and activists about a lack of transparency and several flaws.
Co-op panels, boards allowed to finish term
Mumbai: The state cabinet on Wednesday approved major amendments to the Maharashtra Cooperative Societies Act, 1960, after a marathon meeting. The amendments are meant to align cooperative law with the 97th Constitution (Amendment) Act, which recognizes the formation of societies as a fundamental right. The Centre fixed February 14 as the deadline to amend laws. The amendments will come into force after an ordinance is promulgated by the governor’s office.
The influence of the cooperative sector, which forms the backbone of state politics, ranges from housing societies to sugar cooperatives to district cooperative banks.
With the setting up of the separate election authority likely to take time, the government decided to extend the time for cooperative society elections due by March 31 to December 31. There are 14,298 cooperative societies in the state whose elections are due by March 31; only two are housing societies in Mumbai.
If the annual general body meeting of a cooperative is not conducted by September 30, the guilty parties will be disqualified from being on the managing committee for five years.
Current managing committees and boards will be permitted to complete their tenure. The number of reserved seats on committees has been lowered from seven to five. Co-opted managing committee members will have voting rights except for office-bearer elections.
NEW LAWS FOR HOUSING SOCIETIES
- New election authority to be set up for housing society polls
- Only those who attend one general body meeting in five years and provide minimum level of services (to be defined later) are eligible for voting
- Size and nature of managing committee to change, with fewer reservations, upper ceiling on number of members and requirement to co-opt two expert members
- Annual general body meeting to be conducted without fail on or before September 30
- General body to appoint auditors from a governmentapproved panel
- Mandatory for returns to be placed before general body Auditors must submit reports to members pertaining to losses, and to registrar pertaining to misconduct. They must file FIR against concerned members upon registrar’s permission
- Powers taken away from registrar to appoint administrators to housing societies
- Scope of recovery proceedings widened to increase maintenance and service dues of members
- In-house grievance redressal panel mandatory
- Mandatory for societies to maintain list of active members
- New additions to criteria for disqualification of members
Courtesy:
Sandeep Ashar TNN
http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=TOINEW&BaseHref=TOIM/2013/01/31&PageLabel=1&EntityId=Ar00105&ViewMode=HTML
Sandeep Ashar TNN
http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=TOINEW&BaseHref=TOIM/2013/01/31&PageLabel=1&EntityId=Ar00105&ViewMode=HTML
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