Training seminar for Co-operative Housing Societies on 28th AprilPosted: April 21, 2013
A new era of co-operation has begun, with professionalism and law-abiding functioning, from Accounting Year 2013-14. It is upto us to take study and understand, and adapt to the new legal changes brought into the co-operative sector by the recently enacted 97th Constitutional Amendment. If we do so, we will reap many benefits in the form of harmonious living and orderly functioning. However, if we neglect to understand the new laws and rules, the consequences can be painful.
Remember, knowledge is power. Also remember, ignorance may be bliss, but when the time comes for punishment, ignorance of the law is not an excuse!
Some changes may still be expected in the amended Maharashtra Co-operative Societies Act, as it is now before a select committee of the State Legislature, to be tabled before legislature in the monsoon session. But as it is, MCS Act stands amended already, and we broadly know the shape of things to come. Therefore, it is crucial to understand and prepare for the changed scenario.
MAHARASHTRA SOCIETIES WELFARE ASSOCIATION (MSWA) HAS ORGANIZED A FULL-DAY BASIC TRAINING PROGRAM IN CHS LAWS i.e. Various implications of 97th Constitutional Amendment, Amended Maharashtra Cooperative Societies Act, and Model Bye-laws
DATE & TIME: Sunday, 28th April, 9.30 am To 6.15 pm.
VENUE: MSWA, A-2/302, Laram Centre, Opp. Platform 6, Andheri West, Mumbai.
WHO MUST ATTEND?
- Managing committee members of Housing Societies, as they will have to make many adjustments in their style of working due to sweeping changes in the Maharashtra Co-operative Societies (MCS) Act, 1960 and New Model Bye-laws. Henceforth, elections must be held under supervision of the State Co-operatives Election Authority, and statutory returns need to be filed to the Registrar, failing which the managing committee will be disqualified and debarred.
- Society members with grievances, as they can get speedy relief owing to extension of Right to Information to co-operative societies, and also Grievance Redressal and Dispute Resolution Committee to be appointed. But first, they will have to understand their new rights and duties!
- Ordinary members & associate members, who are required to actively participate in the society’s affairs, failing which they may forfeit various rights and privileges.
- Women, who will enjoy two reserved seats on the managing committees, as against one formerly. But they must earn the respect of the men on the managing committee by getting thorough knowledge of the various aspects of running a housing society.
- Members of scheduled castes, scheduled tribes, etc., who will get three reserved seats – enabling active participation in their society’s governance.
- Chartered Accountants, Advocates, Tax Practitioners, Society Managers and other professionals, who will play an expanded role in housing societies. They will have fresh avenues for earning by rendering new service, but they must understand their statutory responsibilities and legal liabilities, and also guide the office-bearers. Professionals must have a thorough grip of new laws and rules.
REGISTRATION FEES – Rs 1,900/-per head.
(i) Two or more members attending from the same society – Rs 1,500/- per head
(ii) Housewives and Retired Persons — Rs 1,300/- per head
(iii) PLUS EARLY-BIRD DISCOUNT: 10% discount on applicable fees for above-mentioned fees if you register on or before 21st April.
Fees are inclusive of lunch, tea and snacks & printed notes i.e. gist of MCS Act & Bye-laws, plus copy of Amended MCS Act & Bye-laws on CD.
FACULTY: Well-known experts & activists on co-operative housing societies, retired officers of co-operation department, etc.
To register, contact Mr Vishal Bamne on 9823911027 or 42551414, or email on firstname.lastname@example.org.
TOPICS TO BE COVERED:
- Historical background of co-operative movement, land owners’ societies & housing societies
- Objectives & scope of 97th Constitutional Amendment
- MCS (Amendment) Ordinance 2013
- New features of amended MCS Act 1960, their Impacts on co-operative enterprises and on housing societies
- New model bye-laws for CHS, highlights & impacts
- Positive & negative effects of the recent amendments on various stakeholders
- Further changes in MCS Act in near future — What is needed, what is likely scenario
- Members’ rights & responsibilities — active members, associate members, nominal members, etc.
- Managing committee & office-bearers duties & responsibilities
- Audit, AGM, Election Authority& Election Rules, filing of Annual Returns & consequences of non-compliance
- Seat Reservations for Women, SC/ST/OBC etc. – how to implement
- How to set up Grievance Redressal & Dispute Resolution Committee, and how it will function
- Forums of redressal for various disputes & grievances outlined in Model Bye-laws e.g. police, consumer court, co-operative court, civil court, office of dy. Registrar – Theory & Practical Realities
- Importance of people’s participation, how & where to make representations, how to create a public campaign to inform, educate & participate