"Protect legitimate interests of Mumbai flat owners"

Cooperative housing society activists step up campaign for M-20 bonds

geetanjali

Geetanjali Minhas | December 16, 2011



Members of 85 cooperative societies across Mumbai, Thane and Navi Mumbai have sent a petition to chief minister Prithviraj Chavan and cooperatives minister Harshvardhan Patil to protect legitimate interests of flat owners by tightening the screws on MC members of cooperative housing societies and builders who work in an unholy nexus during redevelopment. The signatories also registered protests against cooperatives minister Harshvardhan Patil’s speeches on various public forums to cancel the need for managing committees to sign M-20 indemnity bonds.

Maharashtra state legislature requires managing committee members of all cooperative societies  to mandatorily file M-20 indemnity bonds. In practice,70-80 percent MC members do not file bonds and within weeks of assuming office start looking past rules to favour some and suppress others who don’t agree with them, misinforming and manipulating general body meetings and writing minutes to suit personal interests. They extol doing voluntary service and feel they cannot be held accountable by society members.

For  approximately 80,000 cooperative housing societies in Mumbai (one-third population) there are only six deputy registrars who are heavily short staffed which means on an average there are 10,000-15,000 societies under each deputy registrar.In hundreds of cases where people have lodged complaints and no action has been taken. In such a scenario aggrieved who go to the DR’s office are not even given a patient hearing.

Inspite of clear-cut laws, actions are not implemented immediately. Cooperative experts say that the only tool people have against corrupt managing committees is the M-20 bonds and if that is done away with people will have no recourse to penal action. Even though byelaws make them accountable, action on violations of byelaws by deputy registrar is slow and in effective. There is no suo moto action for not filing M-20 bonds.

Though in writ petition 1671/2009 Bombay High Court clearly states that if MC has not signed M-20 bonds and calls for elections such elections are null and void the judgment does not  mention status of decisions taken during that period.

During the last eight months, cooperative society activist and expert JB Patel along with legal expert Vinod Sampat, senior counsel,Cooperative Housing Redevelopment, Dilip Shah, RTI activists GR Vora, Krishnaraj Rao, Mohammad Afzal, Sulaiman Bhimani  and others has been working on lawful remedies for harassed members of numerous uncooperative housing societies through RTI Union fighting for land & building issues in Mumbai Metropolitan Region. The fact that 600 housing societies have joined the union is testimony to its growing popularity.

Himself a coop society victim ,Patel turned to activism with the objective of educating people on both sides.To MC on their lawful duties towards their society and to members for imparting knowledge  on their rights and  duties as members. “According to my experience most problems in housing societies arise due to ego issues and to frictions. If both these objectives are realized  we will be very helpful to Deputy Registrar and Ministry of Cooperatives by  reducing  litigation and friction amongst members” says Patel.

Fighting for cooperative housing issues the activists and legal experts are taking the matter further with RBI and Cooperatives Ministry. “We are taking up the issue with RBI to instruct all  banks where societies are operating their accounts to ask for copies of M-20 bonds otherwise the operation should be declared illegal. Secondly, Auditors must make it mandatory to include M-20 Bonds in their annual reports and put a remark accordingly and thirdly, member’s complaints against not filing of M-20 bonds must be addressed immediately” adds Patel.

Comments

 

Other News

Elections 2024: 1,351 candidates in fray for Phase 3

As many as 1,351 candidates from 12 states /UTs are contesting elections in Phase 3 of Lok Sabha Elections 2024. The number includes eight contesting candidates for the adjourned poll in 29-Betul (ST) PC of Madhya Pradesh. Additionally, one candidate from Surat PC in Gujarat has been elected unopp

2023-24 net direct tax collections exceed budget estimates by 7.40%

The provisional figures of direct tax collections for the financial year 2023-24 show that net collections are at Rs. 19.58 lakh crore, 17.70% more than Rs. 16.64 lakh crore in 2022-23. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget for FY 2023-24 were fixed at Rs. 18.

‘World’s biggest festival of democracy’ begins

The much-awaited General Elections of 2024, billed as the world’s biggest festival of democracy, began on Friday with Phase 1 of polling in 102 Parliamentary Constituencies (the highest among all seven phases) in 21 States/ UTs and 92 Assembly Constituencies in the State Assembly Elections in Arunach

A sustainability warrior’s heartfelt stories of life’s fleeting moments

Fit In, Stand Out, Walk: Stories from a Pushed Away Hill By Shailini Sheth Amin Notion Press, Rs 399

What EU’s AI Act means for the world

The recent European Union (EU) policy on artificial intelligence (AI) will be a game-changer and likely to become the de-facto standard not only for the conduct of businesses but also for the way consumers think about AI tools. Governments across the globe have been grappling with the rapid rise of AI tool

Indian Railways celebrates 171 years of its pioneering journey

The Indian Railways is celebrating 171 glorious years of its existence. Going back in time, the first train in India (and Asia) ran between Mumbai and Thane on April 16, 1853. It was flagged off from Boribunder (where CSMT stands today). As the years passed, the Great Indian Peninsula Railway which ran the

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter