Housing Society
Act Sections
Sections 154B through 154B-31 of the Maharashtra Co-operative Societies Act, 1960 — Text as on 6 June 2025.
Chapter XIII-B
Application and non-application of provisions of this Act to housing societies
Identifies which general provisions of the Act apply, and do not apply, to co-operative housing societies.
Definitions
Defines important expressions used throughout the housing-society chapter, including Member, Committee, defaulter, dues, flat and housing society.
Registration of co-operative housing societies
Sets the special registration framework for co-operative housing societies and the minimum participation requirements described in the Act.
Reservation of name and permission for opening bank account
Provides the process for reserving a proposed society's name and obtaining permission to open a bank account before registration.
Associate, Joint or Provisional Member
Explains admission and status of Associate, Joint and Provisional Members within a housing society.
Limit on Membership
Restricts Membership according to the type of housing society and the eligible premises or plots.
Co-operative education and training to Members
Requires co-operative education and training for Members and relevant officers as provided by the Act and rules.
Restriction on transfer of share or interest of a Member
Regulates when a Member may transfer shares or interest in the capital or property of the society.
Rights of Members to inspect documents
Specifies the records and documents that a Member may inspect or obtain from the society, subject to the statutory process.
Removal of a Member
Provides the statutory process and conditions for removal of a Member.
Rights and duties of Member
States core rights and duties of housing-society Members under the Act, rules and registered bye-laws.
Voting rights of Member
Sets out who may vote and how voting rights are exercised in a housing society.
Transfer of share, right, title and interest
Regulates transfer of a Member's share, right, title and interest in the property of a housing society.
Transfer of interest on death of a Member
Provides for transfer of a deceased Member's interest to a nominee, heir or legal representative subject to the statutory conditions.
Charge of society in respect of share and interest of Member
Creates a society's charge over a Member's share or interest for amounts lawfully due to the society.
Creation of funds
Authorises and regulates the funds that a housing society must or may create.
Levy of charges by the society
Provides the basis on which a housing society may levy charges upon Members or occupiers.
Investment of funds
Regulates permitted investment of housing-society funds.
Utilization of funds
Restricts utilization of society funds to the purposes authorised by the Act, rules and bye-laws.
Constitution of Committee
Sets the constitution and tenure framework for the managing Committee of a housing society.
Reservation of certain seats on Committee and election thereto
Provides reservation of specified Committee seats and the related election requirements.
Reservation for women
Provides reservation of Committee seats for women.
Strength of the Committee and quorum
Sets general rules for Committee strength and quorum for housing societies.
Disqualification of Committee and its Members
Lists circumstances that disqualify a Committee or an individual Committee Member.
Motion of no confidence against officers of society
Provides the procedure for a motion of no confidence against specified society officers.
Management of housing society, housing complex, housing association or housing federation
Provides for management arrangements where a housing society, complex, association or federation requires statutory intervention or coordination.
Allotment of plots, flats or houses through draw of lots
Requires eligible allotments of plots, flats or houses to be made through a draw of lots in the circumstances specified.
Obligation of society to take action and Registrar's powers to enforce
Requires societies to perform statutory obligations and authorises the Registrar to enforce non-performance.
Housing Federations, their powers and duties
Sets out recognised Housing Federations' powers, duties and support functions.
Recovery of sums and arrears due to housing societies as arrears of land revenue
Provides a certificate-based mechanism for recovering specified society dues and arrears as arrears of land revenue.
House building co-operative societies which have achieved their objectives
Provides for winding up certain house-building co-operative societies after their stated objectives have been completed.
Saving as to existing rules, orders and bye-laws
Preserves existing rules, orders, bye-laws, circulars and pending proceedings unless they are expressly changed under the amended housing-society chapter.
Disclaimer: The statutory sections and Model Bye-laws displayed here are provided solely for general information and reference. They are not a certified legal publication or a certified copy of any society's registered/adopted bye-laws. Law, rules, notifications and society-specific bye-laws may be amended. In case of any discrepancy, the current official Act, Rules, Government Resolutions, Notifications, Circulars, competent-authority orders and the concerned society's registered/adopted bye-laws shall prevail. Users should verify the current applicable provisions and obtain professional legal advice where required.