We 84 members are trying, since last 2 years, to form a co-opeative housing society.
The buider has not done the same but he was charging the money against property tax & maintenance charges.
We refused paying him since last 1 year when we found that the builder is not paying the Property Tax and charging higher maintenance.
A committee of 10 members came forward with a support of 74 members & passed resolution for the same.
The builder had sent the notice to all the committee members that they cannot do so as per the sale purchase Agreement because the work is incomplete (He was planning to build 5 wings but only got approval of 2 & later abandoned the plan. Now he is trying to rebuild)
But we went ahead & we managed to open a bank account in society Name & started collecting maintenance charges to pay off the pending Property Tax, Light/Water bills.
The builder also has filed a ceveat in the court.
Can someone advise what is the outcome of that effect?
We have proceeded for the registration of the society & have also got go ahead to open a bank account in the society's name. We have deposited the share money in that account.
Please advise on the ramifications at the earliest.
Thanks
