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Home Archive by category "Sinking Fund in Housing Society"

Procedure For Utilization of Sinking Fund

By admin | Housing Society Bye Laws, Housing Society News, Sinking Fund in Housing Society | 0 comment | 31 January, 2021 | 0

1) Sinking Fund may be used by the society for the reconstruction of its building or carrying out strucatural additions or alteration to strenthen the building as per the opinion of the society’s Architect. 2) Such heavy repair which is being certified by society’s Architect should be approved in General Body Meeting. 3) There isRead more

USE OF SINKING FUND

By admin | Housing Society By-Laws, Sinking Fund in Housing Society | 0 comment | 20 December, 2020 | 0

HOUSING SOCIETY CAN DECIDE ON USE OF SINKING FUND – 4th Dec, 2020 TIMES OF INDIA – MUMBAI PAGE 5 Prior to 2014, housing societies have to approach co-operative department to get permission to use the sinking fund deposited in banks for societies major repair work. Even after the approval of AGM, socities need getRead more

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Recent Blogs

  • Procedure For Utilization of Sinking Fund
  • Renting or Sub-Letting Flat in Housing Society
  • USE OF SINKING FUND
  • Sending promotional SMS on transactional route may cause penalty up 2.75 lack
  • Procedure To Recover Dues From Housing Society Maintenance Bill Defaulters

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