Thanks to Accommodation Times for circulating the following article where a slight correction is made by me:
Adopt New Model Bye-Law before 30th April
Posted: 08 Mar 2013 11:29 PM PST
By Accommodation Times News Services
MCS Act 1960 amended as per 97th Amendment Ordinance – 2013 has come into force w.e.f. 15.02.2013. It has become necessity for all the co-operative housing societies to call for a Special General Body Meeting before 30.04.2013 to adopt the MODEL BYE – LAWS OF COOPERATIVE HOUSING SOCIETY AS PER 97TH CONSTITUTIONAL AMENDMENT and MAHARASHTRA CO-OP. SOCIETIES (AMENDMENT) ORDINANCE 2013. The agenda should be as following:
1) To discuss about the MODEL BYE – LAWS OF COOPERATIVE HOUSING SOCIETY AS PER 97TH CONSTITUTIONAL AMENDMENT and MAHARASHTRA CO-OP. SOCIETIES (AMENDMENT) ORDINANCE 2013 and adopt the same (copy of the Model Bye Laws is attached)
2) To appoint auditor
3) To appoint auditor from the penal approved by the co-operative department
4) One auditor can not continue for more than 3 years and can NOT take up auditing of more than 20 co-operative societies
5) To submit the copies of adopted Model Bye Laws to the concerned registrar’s office for approval.
All the societies whose term is over before this (15.02.0213) or is going to be completed within next six months must follow the above procedure immediately.
It is binding for all the societies to hold AGM before 30th September. There is no provision for extension.
The related Circular No. 503 dated 28.02.2013 issued by Deputy Registrar of K – West Ward
Housing Societies’ Activist!