Anant Strata Consultants Pvt. Ltd.

Under the amended provisions a Hindu Undivided Family (HUF), an Association of a person (AOP), Body of Individual (BOI), Family Trust and any other legal body which can hold immovable property.

Provisional member means a nominee temporarily admitted, on the basis of nomination filed by a member after death of such member, till the time the legal heir/s will be admitted.

Joint member must have share, right, title and interest in the flat jointly but whose name does not stand first in the share certificate.

Now the Associate Members can only be form the family members and the name of the Associate Member cannot be endorsed on the Share Certificate

Maharashtra Co-operative Societies Act, 1960 has been amended effect from 9th March 2019 under which a Special Chapter XIII-B has been added to the Act exclusively applicable to Co-operative Housing Societies.

Society Billing and Accounting

Under this service: -

We will guide the society on specific billing issues raised by the Managing Committee.
We work out the charges to be raised on every member as per the decision of society.
Work out interest on defaulted dues as per decision of society.
We print the bills on our own stationery in the format designed by us, which gives details of:-

Bills raised, and payment made by members in the previous bill.
Details of the adjustment of receipts from members against dues.
Working of interest on defaulted dues or delayed payment.

BILL FORMAT is attached herewith for society for suggestions and confirmation.

We can additionally provide the following services under this assignment, if so required by society, without any additional charges for the same.

List of defaulter members as per Maharashtra Co-operative Societies Act, 1960 and as per your Societyâ€™s Byelaws.
If the society wants any additional information, we will try to compile the same on quarterly basis and provide to the society.
We will attend to the Auditors of the Society if society has appointed one. If society wants the audit will be done by our Associate. He will charge his fees separately.
We will give the Draft Annual Financial Working Report relating to billing and accounting at the end of Co-operative year which may be adopted with suitable changes for incorporating the same by the Society in its Annual Working Report.
We will also provide Receipts and Payments Account with its reconciliation with Income and Expenditure Account and Balance Sheet which may be adopted with suitable changes for incorporating the same by the Society.
We will also provide other Accounting Reports as may be required by the Managing Committee for their presentation in Annual General Body Meetings.