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Cooperative housing society - election

Querist : Anonymous (Querist) 23 November 2023 This query is : Resolved 
Our society in Raigad contains 210+ members in phase 1. It is formed last year. The Accounts were not approved due to some discrepancies. The returning officer overlooked this and went ahead with the election process. He justified that earlier committee was only for 1 year ('hungami') and hence the new committee will now look at this afresh. Was he right in justifying. We wrote mail to him asking queries that he refused to respond in writing and went ahead with the process.

What would our next step be as now the new committee is formed and we feel helpless & betrayed. Our (few members) intent is only to bring transparency and build our society on strong foundation - no other motive.

Kindly respond on priority as we need to plan accordingly and act.
kavksatyanarayana (Expert) 23 November 2023
The committee shall deposit the funds in a nationalized bank under the society's name and the operation of the bank shall be by two executive members such as the president or secretary or treasurer may also appoint a clerk to look after the society's work and accounts. The AGM shall verify the income and expenditure of the society and after satisfaction only approve the same in the AGM. If any discrepancy is noticed shall be reported to the Dy./Jt.Registrar of the coop. housing societies.
T. Kalaiselvan, Advocate (Expert) 24 November 2023
The election to the society committee members cannot be stopped just because the previous committee members have done any fraudulent act or misappropriated the funds.
The new MC members would probe into the details and book them or lodge a complaint with the police if the allegations are found to be true after enquiry


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