Validity of form m-20 in chs
Neelachandra
(Querist) 24 August 2011
This query is : Resolved
Hello
The Managing Committee of our society was elected on 09/08/2009 and assumed office on 13/09/2009. They have filled the Form M-20 on the stamp paper of Rs. 200/- on 28/10/2009. The copies of the M-20 were submitted in the Dy. Registrars office on 06/11/2009. As our society is undergoing redevelopment process, I want to know whether the managing committee is valid or not and whether has the authority to make and sign redevelopment agreement on our behalf.
Regards
Neelachandra
Thanks all in advance
ajay sethi
(Expert) 24 August 2011
if elections were held on 9th august why they assumed office on 13th dseptember 2009?
the indemnity bond is required to be submitted within period of 15 days of assuming office . it has been done within 15 days of assuming office .
it is valid and has power to sign redevlopment agreement if duly authorised
