Co-operative housing society related issues - reg. read mor

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This query is : Resolved

MD AASIF HUNDEKARI (Querist)

10 December 2012 We have a registered co-operative housing society under Maharashtra State for having 14 flats in our building / society. We are collecting Rs.450/- p.m. from all our members as monthly maintenance charges, and in addition to this, once in a year we also collecting Rs.2,000/- p.m. as special extra charges for any other type of repairs or modification in our utility services. My query is - a) whether audit report is requires to get prepare from certified auditor and requires the same to submit to state govt. society office ? As our society got firmed in last year, and we have submitted audit report for such year to the said authority, but we came to know that, some of rules or acts got amended with withdrawn of co-operative housing society, b) Our board of members committee which have got elected for a year, is nearby get expires its validity, and from 1.1.2013 new committee has to get elected, so pl let me know, whether new committee resolution also to inform to the respective govt society office ? If so, what is its time period ? .

Amol S Joglekar

Amol S Joglekar (Expert)

10 December 2012 01. Use 01/04/20XX to 31/03/20XX+1 as the year for the society.
02. Since your housing society has not taken any loan from Govt, your society can directly appoint the auditor (Either a C.A. or Society Dept approved auditor..G.D.C&A) and get the account audited.
03. File the copy of this report with audit dept. (Located in Market yeard Pune)
04. Looking prospectively, conduct the managing committee election for 5 years and not 1 year. This will be in line with Maharashtra Co operative societies act.

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