Working Capital housing society
"Working Capital" means funds at the disposable of the Society inclusive of the paid up capital, share capital, funds created out ...
Monday, 27 August 2018
What is Transfer Premium in housing society
'Premium' shall mean and include the amount payable to the Society by the Member, transferring his shares and interest in the capita...
What is Transfer Fees CHS
'Transfer Fees' means the sum payable by a transferor to the Society for the transfer of his shares along with occupancy right as pr...
What is Family in housing society
Bye Law No 3 (25) - "Family" means Group of persons which includes husband, wife, father, mother, sister, brother, son, daughter, ...
What is Active Member housing society
One who has purchased and owns a Flat / Unit in the Society. One who attends at least one General Body Meeting of the Society in the previou...
Common Areas and Facilities housing society
The land on which the building is located; The foundations, columns, girders, beams, supports, main walls, roofs, halls, corridors, lobbies,...
Open terraces in housing society
Open terraces means terraces which are otherwise not in the exclusive possession of any of the Members.
What is Open space housing society
Open space means an Area, forming a integral part of the site, left open to sky.
What is Major Repair Funds
Major Repair Funds means a Fund created by the Society and constituted under Bye-law No. 13 (b), for the purpose of Major Repairs including ...
What is Sinking Fund
Sinking Fund means the fund constituted under the Bye-law No. 13(c);
