Dear Lawyers,
I am a member of a Limited Co-operative Society in Ahmedabad having 366 tenants. The society Adminstration (nominated by the Administrator without conducting an election) issued a circular to pay 5000 per tenant to laying down the new gutter line with an agreement with AMC under a Joint venture. The society had a perfect gutter system sufficient for 366 tenants. The adjoining socieities had connected its gutter lines to its main chambers and hence all tenants facing serious problems in Monsoon.
My question is whether a Limited Co-operative Society can collect such an amount without passing a Resolution without the permission of its members? Whether they have to take any permission from any government department to collect such an amount. This is common tendency here to collect money from its members. There is another " Yuvak Seva Mandal" who is collecting 250 from its residents and 500 from the shop keepers every year during Navaratri. None of these peoples collecting money is not providing an account statement to its members and not keeping any books of accounts.
Please advice with a proper reply.
Regards,
Jose Varghese
Ahmedabad.
