Maharashtra Cooperative Societies Act: What are cooperative housing societies?

Enacted on January 26, 1962, the Maharashtra Cooperative Societies Act provides a comprehensive framework for registration, membership, incorporation of duties and privileges of cooperative societies throughout Maharashtra. On February 13, 2013, the Maharashtra government enacted an ordinance amending the Maharashtra Cooperative Societies Act, as mandated by the centre. The modifications came into effect from February 14, 2013.

According to the Maharashtra Cooperative Societies Act, the objective of a housing society is to provide its members with open plots, flats and apartments along with common amenities and services to its members.

Maharashtra Cooperative Societies Act: Voting rights of CHS members

• 1. One member of the society has one vote.
• 2. Associate members will have the right to vote, with the prior written consent of a member.
• 3. Provisional members have no right to vote.
• 4. In case of joint members, the person whose name stands first in the share certificate, will have the right to vote. In his absence, the person whose name stands second, will have the right to vote.

Maharashtra Cooperative Societies Act: Transfer of share, right, title and interest in cooperative housing societies

Members of cooperative housing societies in Maharashtra may transfer their share, right, title and interest of their property in the society by way of registered documents.

Services for Co-operative Matters

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• Filing all types of suits/applications before the Co-operative Courts, Registrars,etc
• Practices and procedures in all matters in respect of Maharashtra cooperative Societies Act, 1960 and Rules 1961 and Bye-Laws thereof.
• Registration of Co-operative Societies.
• Deemed Conveyance

Deemed Conveyance

A conveyance deed is a vital legal document that transfers the ownership of land to a cooperative housing society from a developer or from the previous landowner. In several cities like Mumbai, many housing societies face the challenge of obtaining the conveyance of land. The major problem arises during the redevelopment of societies having old and dilapidated structures. Consequently, the Maharashtra government introduced the concept of deemed conveyance in 2008, and published the rules pertaining to it in 2010. Under deemed conveyance, a society that did not receive the conveyance was entitled to apply to the Deputy District Registrar (DDR) of Cooperative Societies that would pass an order conveying the land in favour of the society, after verification of the documents submitted and upon hearing both, the society and the developer.