Dear Professional brothers and sisters,
1)The new Managing committee of the co-op hsg wants to appoint a lawyer for acts of omission and commission and criminal breach of trust by the old managing committee. Can it do so on it's own or a members resolution is also required?
2) If money is withdrawn from the sinking fund without members approval , then the said MC members will have to reimburse the said amount withdrawn with interest from the pocket of the MC members.
Can someone tell me under which Bye law or section or rule of the MCS ACT? Is there a case law for the same?
Kind regards,
M H Kapadia
meherquotes@gmail.com
