Notice for General Body

NAVI MUMBAI CO-OPERATIVE HOUSING FEDERATION LTD.

(Reg. No. NBOM/CIDCO/GNL(O)/1609/JTR/1999- 2000)

303, ‘Big Splash’, Sector 17, Vashi, Navi Mumbai – 400 703.

Tel: 022 2789 7301 e-mail : nmchf2019@gmail.com

Website : www.nmchf.org.in

Notice of the Twenty-Third Annual General Body Meeting    

to be held on Sunday, 26th September,  2021 at 10 a.m. on

Google Meet App on following link:

https://meet.google.com/ntn-uedh-hed

&

AUDITED STATEMENTS OF ACCOUNTS

FOR THE YEAR ENDED 31st March, 2021

BOARD OF DIRECTORS

            No.                     Designation                                     Name                       Mob. No.

  1.            Chairman                          Mr. A. K. Bhattacharyya    98204 49452
  2.       General Secretary                      Mr. B. R. Mhatre               98193 06967
  3.            Treasurer                            Mr. P. S. Kshetramade       77382 36660
  4.        Vice Chairman                           Mr. N. Mahadevan           98193 12559
  5.        Vice Chairman                              Dr. D. K. Ghosh             98196 21779
  6.          Jt. Secretary                              Mr. D. B. Vashisht           98330 98932
  7.          Jt. Treasurer                             Mr. Ravikant Raut          98677 30913
  8.             Director                                 Mr. D. Ravi Kumar          98207 97965
  9.             Director                              Mr. K. S. S. Narayanan       98214 16328
  10.             Director                                 Mr. Ravi Shankar            93242 94655
  11.             Director                             Mr. Udaykumar Tandale     98696 86974
  12.             Director                             Mr. Sunil H. Choudhari       95948 44000
  13.             Director                           Mr. Chandrakant Ramane    98200 38345

Member Societies are requested to note that hereafter, in compliance with the
National Policy to minimize the use of paper, it is proposed to circulate the Notice for
AGM & Gruh Sandesh through e-mail of the Societies & Website of the Federation
(www.nmchf.org.in). Member Societies are requested to register their contact e-mail id
with the office of this Federation, with immediate effect, so that they may avail of the
facility of service through their registered e-mail id.


Member Societies may approach this Federation for services of Trained Manager
to assist their Managing Committee. This Federation, jointly with the Jt.
Registrar, Co-operative Societies (CIDCO), has been conducting Course of
‘Manager for Co-operative Housing Societies’ with duration of about 5 months.
Federation is also maintaining a Panel of Trained Managers to meet the
requirements of Member Societies. The 14th Batch has already started but a few
seats are still available; interested candidates may approach our Office to avail
of the opportunity.


Federation is equipped with Recovery Officers. As such, Member Societies, who
have obtained Recovery Certificate from the Jt. Registrar, Co-operative Societies
(CIDCO), are requested to contact the Federation, during office hours, for
implementation of the Recovery Certificate.


Know your Federation

  1. Guides and helps common people for registration of Co-operative Housing Society.
  2. Provides all documents for registration of Society.
  3. Guides Chief Promoter in the matter of calling First General Meeting and deciding
    Agenda of the Meeting.
  4. Guides Societies in calling various types of Meetings.
  5. Sells all types of stationery required for day-to-day functioning of Co-operative
    Housing Societies.
  6. Provides forms and information for amendment of Bye-laws.
  7. Provides various Circularssent by appropriate authorities relating to amendment of
    relevant Acts, Rules and Bye-laws.
  8. Guides about recovery of dues under Sections 101/154B-29 of the Maharashtra
    Co-operative Societies Act, 1960.
  9. Provides day-to-day guidance to Chairman, Secretary and office bearers of
    Societies and their Members.
  10. Arranges Seminars and Meetings “On-line” and in various Nodes of Navi Mumbai. .
  11. Imparts Education and Training under Section 24A/154B-6 of the MCS Act, 1960.
  12. Publishes periodical “Gruha Sandesh” that provides various Court Judgements,
    Government Circulars, etc.
  13. Conducts five-month duration Certificate Course for ’’Manager of Co-operative
    Housing Society’.
  14. Suggests appropriate authorities for amendments necessary to Acts, Rules and
    Bye-Laws.
  15. Gives frank and studied opinion to the Jt. Registrar in consultation with Member
    Society.
  16. Gives reply, in writing, to letters from Member Societies.
  17. Facilitates availability of trained Managers to Member Societies.
  18. Provides services of Recovery Officer.
  19. Imparts training to Returning Officer for election of “E” Type Societies.

Co-operative Education & Training to Members, Officers and Employees of
Co-operative Housing Societies is mandatory under Section 24A/154B-6.
Therefore, to avoid any penal action, all member Societies are requested to
comply, at the earliest, with the advice of the Jt. Registrar, Co-operative
Societies (CIDCO) given in his letter dated 21st June, 2019 addressed to all
Societies, which is reproduced below.

English verbatim translation of letter dated 21st June, 2019 (in Marathi) from the Jt. Registrar, Co-operative Societies (CIDCO) to all Co-operative Housing Societies in Navi Mumbai – 

Despatch No. SN/SS/CIDCO/431/2019                                                Date: 21/06/2019

To,

The Chairman/Secretary

……………………

Sub:  To conduct training program in the year 2019-20 for Committee Members / Directors / Officers

Ref:  To achieve the target set by the Commissioner for Co-operation & Registrar of              Co-operative Housing Societies –

We draw your attention to above subject. The Maharashtra Rajya Sahakari Sangh Ltd., Pune has prepared a plan to give training to all members of societies of Navi Mumbai in the year 2019-20. In the 97th Constitutional Amendment, Section 24A has been incorporated in MCS Act and responsibility has been cast on the societies to impart training to Directors / Members / Officers and Staff. Under Section 24(A) (3) and Rule 30(A) (6) of  Maharashtra Co-operative Societies Rules, 1961, the Maharashtra Government has notified the Maharashtra Rajya Sahakari Sangh Ltd., Pune, to give co-operative training.  Therefore it is mandatory to get training from such notified institution.  It is required to pay fees for the training.  For detailed information, please contact Navi Mumbai Co-operative Housing Federation Ltd.

Since it is mandatory to obey the provision of Co-operative Societies Act, please contact the Educational Officer of Maharashtra Rajya Sahakari Sangh, Thane District Co-operative Board, Kalyan, Dr. Phadke Bungalow, Ram Maruti Road, Dudh Naka, Kalyan (W) 421301 and arrange the program.  Please note that if any society fails to participate in the program, the necessary action will be initiated as per the Act.

      Dr. Kedaree Jadhav

                 Jt. Registrar, Co-operative Societies, (CIDCO)

cc:  For information to –

  1. Chairman / Secretary, Navi Mumbai District Housing Federation
  2. CEO, Maharashtra Rajya Sahakari Sangh Ltd., Pune.                                            

Co-operative Education and Training to Members, Officers and Employees of Cooperative Housing Societies under the Maharashtra Co-operative Societies Act, 1960, as amended in February 2013, pertaining to education of its members.

The Maharashtra Co-operative Societies Act, 1960, vide Section 24A/154B-6, has vested new mandatory duties and responsibilities to all Co-operative  Housing Societies viz:

  1. To create Education and Training Fund with contribution from Members @ Rs.10/ – per unit per  month for imparting Co-operative Education &Training to Directors, Members, Officers and Employees:
  2. To arrange for imparting training to all once in five years or to at least 20% of its members every year in consonance with the syllabus fixed by the Commissioner for Co-operation & Registrar of Co-operative Societies;  
  3. To provide Training and Education via State Apex Co-operative Training Institutes within 5 years;
  4. To communicate compliance to the Joint Registrar through Annual Report which is to be submitted within six months from the close of the financial year;
  5. The Auditors have also been instructed to include in the Audit Report about compliance of training. 

Your Federation is authorized by Maharashtra Rajya Sahakari Sangh to conduct such training programme and  issue Certificate to the Member Societies along with a list of participants.  Each session will be of about 3 hours starting from 04.00 pm. and is scheduled on every 3rd Sunday of the month “Online” on Goggle Meet App. All Members Societies are requested to conveniently attend such Co-operative Education and Training along with their members for individual knowledge and benefit. Taking such training will not only be in compliance with the mandatory requirement but also avoid any penal action.   Fee for the same is fixed @ Rs. 3,000/- per Society, irrespective of number of attending members.

                                                                                        – A. K. Bhattacharyya, Chairman

Member Societies are requested to clear their dues, if any, towards annual subscription and one time Contribution to Building Fund.

NAVI MUMBAI CO-OPERATIVE HOUSING FEDERATION LTD.

(Reg.  No. NBOM/CIDCO/GNL(O)/1609/JTR/1999- 2000)

303, ‘Big Splash’, Sector-17, Vashi, Navi Mumbai – 400703

email: nmchf2019@gmail.com          Phone No. 022 -2789 7301

Website: www.nmchf.org.in

———————————————————————————————————————————-

  NOTICE

Notice is hereby given that Twenty-Third Annual General Body Meeting of Navi Mumbai Co-operative Housing Federation Ltd., will be held on SUNDAY, 26th September, 2021 at 10 a.m. on Google Meet App on following link to transact business as given in the Agenda below:

Link:- https://meet.google.com/ntn-uedh-hed

AGENDA

  1. Welcome Address by Chairman;
  2. To read and confirm Minutes of the Twenty second Annual General Body Meeting held on 21st March, 2021 (copy enclosed);  
  3. To receive and adopt Annual Report of the Federation for financial year 2020-21 (copy enclosed)
  4. To receive and approve audited Statements of Accounts and Auditors Report thereon for financial year 2020-21 (copies enclosed)
  5. To consider and approve Audit Rectification Report;
  6. To appoint Statutory Auditors for financial year 2021-22 and fix their remuneration;
  7. To approve Budget for financial year 2021- 22 (copy enclosed);  
  8. To ratify membership of Co-operative Societies approved by Board of Directors in its monthly  meetings;
  9. To discuss plans for disposal of Surplus.
  10. To discuss and decide about Circulation of – i) Notice for AGM/SGM, (ii) Annual Report, Audited Accounts, Auditor’s Report thereon, Budget, (iii) Gruh Sandesh,  by email.
  11. To authorize Board of Directors to send proposal to obtain status of “notified Federation” for our federation.
  12. To consider any other matter with the permission of the Chair.

N. B:

  1. If there is no quorum at the appointed time at 10 a.m., the meeting will be adjourned for half an hour which will be reconvened at 10.30 am at the same venue on the  same day and the business as per the agenda will be transacted, irrespective of the Quorum.
  2. Members are requested to send their queries, if any, in writing, on the Annual Report and audited Statements of Accounts or on any other matter, so as to reach the Federation office latest by 15th August, 2021.
  3. All queries should contain name, address, contact number and preferably contact e-mail Id of the sender. All attempts will be made to answer queries during the meeting  itself or alternatively by e- mail.
  4. Member Societies are requested to nominate their authorized representative, well in advance, but not later than 15th August, 2021.

 

Place:  Vashi, Navi Mumbai                                         B.R. Mhatre      

  Date:   26th August, 2021                                              General Secretary          


WELCOME ADDRESS BY THE CHAIRMAN
Dear Members,


It is a great pleasure to me on behalf of the Board of Directors and on my personal behalf to invite you cordially to take active part in deliberations in today’s AGM,

We are commonly using very often the words like legal, illegal, lawful etc. It is derived from the word Law. Spontaneous question is “What is a law? Without going into any intricacy we may perhaps, safely define in common man’s language as a binding custom or practice of a community created for a particular place by its authority for the purpose of keeping the peace and security of the Society. Law is dynamic. It is changing with the passage of time and place, to suit the requirement of situations. Such changes are not necessary to be in one direction. There are cases when such changes are found to be turned even to hundred eighty degrees. (Complete U-turn)

We are in housing cooperative. While MCS Act 1960 is the final authority, we depend heavily on our Byelaws for day-to-day functioning. We have enough examples of oscillation of pendulum in number of cases. Say for instance, issue of parking. While Byelaw No. 78(a) of Model Byelaws approved on 2nd July 2001 and the Model Byelaw approved on 10th February 2011 read as, “Member may hold parking space/stilt if he has purchased the same, and he shall have the right to sell the same to transferee or other eligible member of the society”; combined reading of Byelaws No. 79 to 84 of the existing Model Byelaws, 2014 leads one to have a turn of hundred eighty degrees. It has now been decided, without any scope of ambiguity, that ownership of all parking spaces rests with the registered cooperative housing society and neither the society nor the builder / developer did ever enjoy authority to sale the parking space. Consequently, parking spaces being non-saleable, the question of ownership over the parking spaces by any member in a cooperative housing society does not arise.


Again, let us consider some of the provisions in the MCS Act, 1960, say –
(i) the issue of voting right of a member, sub-section 3A of Section 27 grants such eligibility to a member only after having enjoyed membership for a period of two years to be eligible to enjoy the voting right.
(ii) amendment provided in Rule 58A on the strength of Section 73(AB) which reads as, “Every elected member of the managing committee shall execute a Bond in Form M-20 within 15 days of his assuming office.
(iii) there exists no restriction to any individual to become an Associate Member under Bye-law No. 19(b) of the existing Model Byelaw, 2014.


Subsequently, Co-operative Housing Societies have been exempted from the restrictions mentioned under (i) & (ii) above and the provision under Bye-law No. 19(b) of the existing Model Byelaw, 2014 has been superseded by Section 154B-(18)(a), which allows only an individual from amongst the family members to become an Associate Member. It has further been specified that in the case of associate member of co-operative housing society and co-operative premises society, in absence of the member whose name stands first in the share certificate, shall be eligible to be nominated as candidate for the election.


However, you will appreciate that a defaulter is a Cancer for Co-operative Housing Societies. In case of consumption of water, a society is to make payment of entire amount of bill for water charges claimed by the Municipality to avoid disconnection of water supply to entire society.


When a member fails to pay his share to the society, there arises a shortfall and the Municipality is in no way interested to hear any excuse of the internal problem of the society. Again, society is not authorized to incur any expenditure on a specific account from the collection made under some other head of account, Moreover, there exists no provision in the Byelaws to arrange to cover up such deficit to avoid disconnection of water supply. The only alternative left with the society, to avoid disconnection of water
supply, is to reduce the consumption up to limit of the paying capacity. At the same time, no natural justice may allow to curtail water supply to a member who has been already contributing his share of amount. What then is the alternative to reduce the consumption up to limit of the paying capacity?


We may look at the comparative study of performance of Municipality vis a vis that of Society in respect of water management. Municipality purchases water, supplies to its consumers, collects money and pays back to the source from where water is being purchased. What about society? Society receives water from Municipality, distributes to its members, collects charges from its members to pay bill to the municipality. Is there any difference between these two? Are not their functions identical? When Municipality reserves right to disconnect water supply to its defaulting consumer why not the society?


This gives rise to a spontaneous question when all other service units like Municipality, Electric Supply Company, Telephone Nigam etc are disconnecting the service to their defaulter then why is the exception made only for housing societies?


Answer is very simple. All these service units enjoy the privilege to disconnect the service to their defaulters on the strength of an enabling provision in their respective Act, they rely upon. But it is missing in the MCS Act.

I have been personally pursuing this issue for more than last two decades at all possible levels for effecting amendment to provide an enabling provision in the same line in the MCS Act. Let us hope for the best. The day may not be very far when Cooperative Housing Societies would also be gifted with such an enabling provision to treat this Cancer.


Before concluding my address I would like to put on record that in compliance with the National Policy to replace the use of paper with electronic media to the maximum extent, it is expected that in future the Federation would issue Notice of AGM/SGM and circulation of Gruh Sandesh through e-mail and website (www.nmchf.org.in) only. Members are, therefore, requested to cooperate by updating with the Federation the e-mail of their Society / Chairman / Secretary.

-A K Bhattacharyya, Chairman

————————————————————————————————-

Minutes of the Twenty- second Annual General Body Meeting

of Navi Mumbai Co-operative Housing Federation Ltd., held “ONLINE

at 10 a.m. on 21st March,2021 on Google Meet App. 

The 22nd Annual General Body Meeting (AGM) of Navi Mumbai Co-operative Housing Federation Ltd. (NMCHF) was held “Online” on 21st March, 2021 at 10.00 A.M. on Google Meet App.

Shri A. K. Bhattacharyya, Chairman, presided over the meeting.

The Chairman, due to lack of quorum, adjourned the meeting at 10.00 a.m.  The adjourned meeting was reconvened at 10.30 a. m.

At the request of the Chairman, the General Secretary took topics for discussion as per the Agenda. 

  • Welcome address by Chairman

The Chairman welcomed all members for the 22nd AGM of the Federation.    He mentioned that welcome address has already been circulated along with Notice of AGM. He further mentioned that despite Covid 19 Pandemic, office bearers of the Federation were available in office on all working days from 11.00 am to 3.00 pm to attend to all its member societies to resolve their specific problems. He invited attention of members to the new provision of Section 24A/154B-6 in the MCS Act whereby training to members of a society has been made mandatory and stated that the Jt. Registrar, Co-operative Societies, (CIDCO); Navi Mumbai has also addressed a letter to all societies to contact Navi Mumbai District Housing Federation for detailed information about training. He requested all member societies to comply with the advice of the Jt. Registrar, Co-operative Societies (CIDCO) and approach Federation to take training. 

  • To read and confirm  Minutes of the 21st Annual General Body Meeting held on 18th August, 2019.

The General Secretary read out the Minutes of the 21st AGM held on 18th August, 2019.  Since there were no queries, the same were confirmed and following resolution was passed:

“Resolved that Minutes of the 21th Annual General Body Meeting of NMCHF held on 18th August, 2019 be and are hereby confirmed.”

Resolution was proposed by: Mrs. Aparna Bansal, Jimmy Tower 1 & 2 CHSL, Kopar Khairane.

Seconded by:  Mr. Hariharan Iyer, Liberty CHSL, Sector- 17, Vashi.

Carried unanimously.

  • To receive and adopt  Annual Report of the Federation for  Financial  year 2019-20.

Members were informed that the Annual Report of the Federation is already circulated to them and forms part of the AGM Notice. Members, therefore, suggested that the Annual Report be taken as read.  Since there were no queries from members, the Annual Report for 2019-20 was adopted and following resolution was passed.

“Resolved that Annual Report of the Federation for 2019-20 be and is hereby received and adopted.”

Resolution was proposed by: Mr. S. P. Agarwal, Shefali  CHSL, Sector 9A, Vashi.

Seconded by: Mr. Udaykumar Tandale, Anand Yatri CHSL, Sector 18, Kopar Khairane.

Carried unanimously.

04. To receive and approve  audited Statements of Accounts and Auditors Report thereon for  financial year 2019-20

The Treasurer presented audited statements of accounts consisting of Auditor’s Report with Balance Sheet as at and Income Expenditure Statement for financial year ended 31st March, 2020.  Members were asked if they had any queries. Since no queries were raised by members, the audited Statements of Accounts were adopted with the following resolution.

“Resolved that audited statements of accounts consisting of Auditor’s Report with Balance Sheet as at and Income Expenditure Statement for financial year ended

31st March, 2020 be and are hereby approved and adopted.”

Resolution was proposed by:  Mr. Chandrakant Ramane, Sector 17, Vashi,  Seconded by:  Mr. Murli Nair, Manmandir CHSL, Nerul.

Carried unanimously.

  • To consider and approve Audit Rectification Report

The General Secretary presented to the members the Audit Rectification Report. After due deliberation the following resolution was passed.

“Resolved that Audit Rectification Report for financial year ended 31st March, 2020 be and is hereby approved”.

Resolution was proposed by:  Mr. Nandkumar Sharma, Indu CHSL, Vashi,  Seconded by:  Mrs. Aparna Bansal, Jimmy Tower 1 & 2 CHSL,  Kopar Khairane.

Carried unanimously

  • To appoint Statutory Auditor for financial year 2020-21 and fix their remuneration.

The General Secretary proposed the name of Mr. Santosh Kadu as Statutory

Auditor for financial year 2020-21.  Members agreed to the appointment of              

Mr. Santosh Kadu (Panel No. B 2-14020) as Auditor for financial year 2020-21 on

the same remuneration as paid for the year 2019-20 and passed the following resolution.

“Resolved that Mr. Santosh Kadu (Panel No B-2-14020) be and is hereby appointed as Statutory Auditor   for  financial year 2020-21 on the same remuneration as paid for financial year 2019-20.”

Resolution was proposed by: Mr. Naminath Bhosale, Suryakiran CHSL, Ghansoli Seconded by: Mr. Kishor Gersappa, Janimal Tower CHSL, Sector 17,  Vashi.

Carried unanimously.

  • To approve  Budget for  financial year 2020-21

The Treasurer presented Budget for financial year 2020-21.  There were no queries thereon and the same was approved by members by passing the following resolution.

“Resolved that the Budget for the financial year 2020-21 be and is hereby approved.”

The resolution was proposed by:  Mr. Jitendar Gulati, Sawan Harmony CHSL, CBD Belapur, Seconded by: Mr. Ravikant Raut, Imperial Residency, Ulve

Carried unanimously

  • To ratify the membership of Co-operative Societies approved by the Board of Directors in its meetings held during financial year 2019-20.

The General Secretary informed that 134 Co-operative Societies have been admitted to membership of the Federation during financial year 2019-20.  After due deliberations following resolution was passed.

“Resolved that membership of 134 Co-operative Societies, approved by the Board of Directors in its meetings held during the financial year 2019-20, be and are hereby ratified.”

Resolution was proposed by:  Mr.  Sahebrao Bhangare, Bhumiraj Abode CHSL,

Vashi

Seconded by: Mr. K. S. Shankarnarayanan, Surya CHSL, Vashi.

Carried unanimously

  • To discuss about plans for disposal of Surplus 

The General Secretary informed that during the year the Federation had surplus of Rs. 16,84,079/-  He further informed that Federation had purchased new office premises No. H-002 at Railway Station Complex at CBD Belapur (70.54 Sq.Mtr) and that the Surplus  will be utilized for repayment of balance loan obtained from Saraswat Bank, Vashi Branch and renovation of  new Office premises. After due deliberations the following resolution was passed.

“Resolved that Surplus of Rs. 16,84,079/- be utilised for repayment of balance loan from Saraswat Co-operative Bank and renovation of new office premises”.

Resolution was proposed by:  Mr.  N. Mahadevan, Punchakamal CHSL, Vashi Seconded by: Mr.  Pramod Gupta, Snehkunj CHSL, Vashi.

Carried unanimously

  • To apprise members about purchase of new office premises at Railway Station  Complex, CBD, Belapur, Navi Mumbai:

The General Secretary informed that at the AGM held on 18th August, 2019 approval was accorded  for Rs. 2 crore for purchase of new office premises. The Federation received on 16th October, 2019 allotment letter from CIDCO for Office No. H-002 at Railway Station Complex at CBD Belapur (70.54 Sq. Mtr). The  total sale price of the said premises was Rs.1,29,82,700/- plus Miscellaneous Charges Rs. 95,415.69  (total Rs. 1,30,78,115/-)  The Federation had taken loan Rs. 19,62,316/- from Saraswat Co-operative Bank Ltd, Vashi Branch and also Rs. 4,00,000/- from its Board of Directors.  The Federation has re-paid the loan from Saraswat Co-operative Bank in toto. The Stamp Duty Rs.3,89,500/- and Registration Fees Rs.30,000/- (total Rs.4,19,500/- has been paid on 31st December, 2020.  Lease Deed has been executed on 2nd February, 2021 and registered at the Sub Registrar’s office, Thane-6 at Konkan Bhavan, CBD, Belapur and that possession of the said new office premises has been taken.

  • To consider any other matter with the permission of the Chair.
  1. The Chairman requested the member societies that, in compliance with the National Policy to minimize the use of paper, it is proposed to circulate the Notice of AGM through Website of the Federation (www.nmchf.org.in). He further requested the member societies to register their contact email with the office of the Federation, with immediate effect, so that they may avail the same facility of service through their registered e-mail id.  The members agreed to the same.
  2. Some members inquired about the Election of Co-operative Housing Societies having less than or up to 250 members.  The General Secretary informed that the revised draft Election Rules have been sent for approval of Law and Judiciary Department by the Committee and will be published in due course of time.
  3. Some members inquired about membership based on Nomination. The Chairman clarified that society shall admit Nominee/s as Provisional Member/s (and make a note to that effect on Share Certificate) till Will or testamentary documents in accordance with Succession Law are brought on record by the legal heirs of the deceased member.

Since there were no other matters to be discussed, the meeting concluded at 11.30 a.m with a vote of thanks to the Chair.

B. R. Mhatre                                                              A. K. Bhattacharyya General Secretary                                                     Chairman

NAVI MUMBAI CO-OPERATIVE HOUSING FEDERATION LTD.
ANNUAL REPORT FOR CO-OPERATIVE YEAR 2020-21

Dear Members,
You are aware that your Federation along with other leading Federations in Maharashtra had been vigorously pursuing with appropriate authority for a separate Act or at least a separate Chapter for Co-operative Housing Societies in Maharashtra Co-operative Societies (MCS) Act, 1960 as well as amendments to number of provisions in Model Bye-Laws 2014. We are happy to inform you that our sincere efforts have been acknowledged by the Government by adding a separate Chapter XIII-B in the MCS Act, specifically for Co-operative Housing Societies as notified on 23rd July, 2019. We are also happy that our suggestion for Election Rules for Housing Societies having less than or up to two hundred and fifty members has been approved.

During the period of lockdown, your Federation arranged “Online” workshops on following topics which were not only graced by luminaries such as Honorable Judges, ex-IAS Officers and Registrars but also were highly appreciated.

The topics covered were :

  1. Constitution of India,
  2. Jurisprudence behind Deemed Conveyance,
  3. Redevelopment.

Your Federation had requested to the Honorable Finance Minister, Government of India to cause an Order to exclude Co-operative Housing Society, being a non-profit organization, from purview of the amended Section 194A of the Income-tax Act 1961 with regard to applicability of TDS on interest on Term Deposits of Co-operative
Societies.


Your Federation had also made an appeal to the Government on 17th July, 2020 and 29th August, 2020 for granting extension to all Co-operative Housing Societies to conduct AGM “Online” and extend the date of AGM for year 2019-20 up to 31st March, 2021 which came into effect.


In continuation of its efforts to provide trained manpower to housing societies at subsidized rate (consolidated amount of Rs. 3,500/- per trainee for the entire course of five months including study material, stationery and others), the 13th Batch “online” training program for Manager of Co-operative Housing Societies was inaugurated on 5th September, 2020 at the auspicious hands of Dr. Kedaree Jadhav, Joint Registrar, Co-operative Societies (CIDCO).

Perhaps, you are aware that your Federation initiated virtual Training Program under Section 24A / 154B-6 on 1st November, 2020. Subsequently even during adverse situation of COVID -19, the “Online” training program is conducted on every 3rd Sunday of the month from 4 PM onwards.


Your Federation has been constantly interacting with other leading Federations in Maharashtra like those in Mumbai, Thane, Pune and Apex Federation viz. Maharashtra State Co-operative Housing Federation for orderly development of housing co-operative movement.


After serious and persistent efforts, a Writ Petition against CIDCO regarding collection of Transfer Charges has been filed in Honorable Bombay High Court. The Court has directed CIDCO to submit its Affidavit at the earliest. We are hopeful of getting favorable Order from the Court.


The Board of Directors met online 14 times during the year.


During the year 68 members were admitted to the Federation. Total membership of the Federation stands at 2,854 as on 31st March, 2021.


Your Federation has maintained its commitment to serve its member societies as their friend, philosopher and guide from its office regularly from Monday to Saturday between 11 A. M. and 2.00 P.M. (except strict lock down period). The Federation advises its members telephonically even beyond office hours too.


After continuous follow-up, the Joint Registrar, Co-operative Societies, CIDCO, Navi Mumbai has appointed Recovery Officers for Navi Mumbai. During the year the Recovery Officer initiated action on seventy-two Recovery Certificates amounting to Rs.3,30,31,289/- issued by the Joint Registrar, Co-operative Societies, CIDCO and recovered Rs.41,67,761/- under twelve Recovery Certificates and Rs. 21,84,790/- as part payment under forty-one Recovery Certificates. Thus during the year, the, Recovery Officer has recovered total Rs.63,52,551/- from fifty-three Recovery
Certificates. The Recovery Officer has initiated attachment on movable property on forty Certificates and immovable property in respect of Nine Certificates amounting to Rs.1,74,52,255/-. The offset price has been approved by the Joint Registrar, Co-operative Societies (CIDCO) for three properties amounting Rs. 1, 68,72,160/-.

The Surplus for the year has been Rs.5,74,871.which as compared to that for 2019-20 is less because of Depreciation of Rs.6,86,618 claimed on the new office premises purchased at CBD Belapur Railway Station Complex during the year and the effect of Covid-19 Pandemic.


Member Societies are requested to note that hereafter the Federation will not be in a position to mail hard copy of notice of AGM to Member Societies because of the National Policy to restrict the use of paper. Such notices would be circulated through Website of the Federation (www.nmchf.org.in). However, copies of such correspondence would be mailed to the member societies, whose email ids are available with this office record. Member societies are, therefore, requested to ensure that their e-mail id is communicated to the Federation, at the earliest, in their own interest.


With your support, the Federation has purchased office premises No. H-002 at Railway Station Complex, CBD, Belapur, Navi Mumbai. A loan Rs. 19, 62,316 had to be arranged from Saraswat Co-operative Bank Ltd, Vashi Branch which has been repaid in full and the loan account closed on 11th November, 2020. The Lease Deed for the said office premises has been executed on 02nd February, 2021 and registered at the SubRegistrar’s Office, Thane-6 at Konkan Bhavan, CBD Belapur.


We solicit your continued co-operation.


Date : 26th August, 2021: B.R. Mhatre
Place: Vashi, Navi Mumbai General Secretary

NATIONAL POLICY

Replace paper by Electronic Media

Future AGM Notice
by email only

Update e-mail id of your
Society /Chairman / Secretary