Penalty/Interest on unpaid conveyance charges of society
arun kumar
(Querist) 08 February 2017
This query is : Resolved
Sir,
My father is member of co operative society...my query is that my society is levying intrest @ 21 % P.A. on legal charges for deemed conveyance, They arbitrarily included the amount in my maintainance bill and now they are levying intrest rate on pending arriers, Its significant to note that i had regularly paid my monthly maintenance charges excluding the arriers.
My query is that how thay can levy intrest on such a big one time payment of Rs. 8000/- I am not paying the same because of my finance problem. Even they had never notified on notice board and even in meeting they only discussed about same and no voting was done in this matter.
Dr J C Vashista
(Expert) 10 February 2017
How the society is concerned with deemed conveyance and levying penalty/interest for conveyance? Discuss with the society managing committee.
If you are unable to resolve the charges, consult a local lawyer declaring the charges as unauthorised and illegal.
Vague query with incomplete information.
Rajendra K Goyal
(Expert) 10 February 2017
Try to have amicable settlement, try to pay in installments.
You are not paying Rs. 8000/- due to financial problems, any legal step may result more costly.