Waive of interest of maintenance

Querist : Anonymous (Querist) 17 September 2018 This query is : Resolved
Our housing society registered in the year 1997. One of member are not paying the maintenance since 15-16 years.

As on date there is outstanding maintenance is Rs.11,00,000/-. He is ready to pay Rs.8,00,000/- by way of Pay Order.

Society has not issued any recovery notice to him since so many years. Can society waive of the interest of Rs.3,00,000/- to him at AGM. or Society can file case at co-operative court for recovery of full maintenance.

Please suggest...

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