Process of Co-operative Housing Society Registration

Process of Co-operative Housing Society Registration

 60 % of the Promoters are must be ready to form Co-op. Housing Society.

 If flats are sold as per the Maharashtra Ownership Flats Act,1963 [MOFA] then it is the

duty of the Builder / Developer to form society and hand over the Account + Documents

to Provisional Working Committee [PWC] In this  case the builder become CP and other

flat owners become Promoters for Registration purpose. This society register under Co-

operation.

 When the builder is not registering society due to some reasons or not support to

registered society then flat purchasers can apply for registration of Co-operative Housing

Society under Non Co-operation. In this case one of the flat owner should be elected as

CP for Registration purpose. In this case some more time is taken to registered society as

registrar is issue notice to builder for Non Co-operation. If no response then ex-party

decision are taken for registration of the society. Now all the case of Non Co-operation

Registration decisions is given by District Deputy Registrar [DDR] then society is

registered

 All flat owners should hold meeting and elect Promoter. All power for Registrations,

documentation etc. should be given to promoter. The resolution should be passed and

must be sign by all flat owners who wish to become member of the Co-operative Housing

Society

 Appoint Consultant / Legal Advocate for registration and ask him to comply all

requirements. All members together also can do work for registration.

 For  registration of Co-op. Hsg. Society the following documents should be filed to Dy.

Registrar / Asst. Registrar Of Co-operative Department  area concern in order as follow

1. Applications for Name to be Reserved for Proposed Society's

2. Form of resolution electing a CP and Promoter and giving them authority for doing

certain acts on behalf of the proposed society

3. Application form  "A"   4 copies

4. Information in Annexture " A " " B " " C "   4 copies

5. Bye-Law of the Society    2  copies

6. Details of Accounts Annexture " D "   2 copies

7. Bank Balance Certificate in Original  1 copy in Original

8. Agreement of Flat     1 copy

9. Advocate Search Report    2 copy [Title Certificate]

10. Society's Building Plan   2 copies

11. Lay Out Plan    2 copies

12. Sanction Plan from Authority   2 copies

13. O.C / C.C copy    2 copies

14. Promoter's Guarantee in form " X "  On Rs. 100/- Stamp paper & notarized 1 copy

15. Guarantee in form " Y " On Rs. 100/- Stamp paper  & notarized 1 copy

16. Guarantee in form " Z "  On Rs. 100/- Stamp paper  & notarized  1 copies

17. 7/12  or City Survey Revenue Record of Land [not more than 1 month old]  1 copy

18. Promoters Affidavit   On Rs. 100/- Stamp paper  & notarized 1 copy

19. Indemnity Bond   On Rs. 100/- Stamp paper  & notarized 1 copy

20. NA Certificate / ULC   2 copy

21. Plot area Land Map   2 copies

22. Scheme

23. Registration Fee Challan  for Rs.2500    1 copy original

24. Builder Non Co-operation form Z  On Rs. 100/- Stamp paper  & notarized  if required  1

copy

25. CP Affidavit for Child Labour  On Rs. 100/- Stamp paper & notarized 1copy

All this forms are available at your District Co-operative Housing Society Federation.

On submission of above document the Dy./Asst. Registrar  will go through the papers And

document. If found OK he will make order for issue of Registration Certificate.

If any deficiencies are found then the applicant will be inform accordingly and documents will

be corrected wherever necessary. When all papers are in order, he will issue order for issue of

Registration Certificate.

Registration Certificate is issued with covering letter and Officer's name is mentioned who will

attend First General Meeting. Normally the Officer concern is not attending meeting. In absence,

all members have to hold meeting and have to elect Provisional Working Committee  [PWC]

whose working period will be ONE Year.  After electing PWC the member of PWC has to

submitted the M-20 bond on Rs. 100/- stamp paper with the sign of Officer's whose name is in

Covering latter to Dy./Asst. Registrar. All Rule and Regulations ,resolution and minutes

which is written in AGM Register must be sign by Officer's name is mentioned in covering

letter it is the most important step.[Many society forget this which create problem latter]

After First Annual General Meeting PWC is replaced with new Working Committee

[WC] whose working period will be FIVE Year.  The new WC election can conduct before

PWC time over with proper election process. WC also has to submit the M-20 bond on Rs. 100/-

stamp paper with the sign of election officer to Dy./Asst. Registrar

When application for Name reservation of Society has given , the Dy./Asst. Registrar give

instruction to Open Bank Account in Dist. Central Co-op. Bank  The Account has to opened in

the name of CP And deposit all money of Share Capital Contribution [per member Share Money

is Rs. 50*10 = Rs. 500 i.e. 10 share of 50 rupees each ] and Member ship Fees of  Rs. 100/- i.e.

Per member you have to deposit Rs. 600/- in bank  and obtain Bank Balance Certificate and

submitted it to Dy./Asst. Registrar. After First Annual General Body Meeting the Bank Account

has to transfer in the name of Society. For bank Account operation Chairman sign must and

either Secretary and Treasurer. Expenditure has to be made as per provision of Bye-Laws. Bank

and Cash Transaction [Collection and Payment] are handled by Treasure when Billing Clerk or

Accountant are not been kept.