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Management Committee
The Managing Committee of a housing co-operative is its nerve centre, steering the
society towards a wholesome, efficient and harmonious existence. Whether it is
financial management, member grievances or day-to-day affairs, the MC has to run
like a well-oiled machine to create the best living conditions for the residents.
We have put together a comprehensive guide with checklists in this article so that
you can be well-informed and prepared for the myriad roles you may have to assume
as part of the MC.
Financial Duties
To collect society charges, including but not limited to property tax, water
charges, lift/parking/service charges, non-occupancy charges, repair and
maintenance charges. These rates are fixed by the committee from time to
time (on the basis of proportion stated in bye-laws) upon discussion with the
members;
To raise funds and deposits from the member;
To decide the rates of contribution, manage and collect Reserve Fund and
Sinking Fund;
To fix the rate of insurance premiums to be paid by members in case if there
is a commercial use of the flat;
To collect interest from defaulting members;
To insure the property of the society.
Operational Duties
To authorize a Committee member to attest any document that bears the seal
of the society, such as lease agreements, deed of conveyance, share
certificates, etc.
To look after the lift operations, manage and instruct service staff about their
duties and take care of their compensations and accommodation (if any).
To maintain, inspect the property of the society and carry out renovations,
repairs as and when needed.
To review and finalise vendor applications for services needed in the society,
e.g. produce stalls, dry cleaning services, etc.
To regulate parking
To supervise compliance of bye-laws and society rules by the members and
suggest fines or penalties in case if a consistent breach is found
To review the Secretary’s report on inspection of flats
To hold election of a new committee in a timely manner, to elect new office-
bearers, consider their resignations and replacements
To organise and recommend general body meetings and hold annual/special
general body meetings
To hold a Committee meeting at least once a month
Executive Duties
To execute a deed of conveyance of the land and building/s;
To approve the audit rectification reports of statutory and internal audits and
to forward them to the authorities concerned;
To scrutinise tenders received for construction work and to submit the same
along with the committee’s report to the meeting of the General Body and to
enter into a contract with the contractor;
To enter into a contract with the Architect of the society in case of
redevelopment;
To ensure that the Society is affiliated to Housing Federation and its
subscription is regularly paid.
He presides over all the meetings of the Committee, determines the quorum
and reviews the agenda of every meeting beforehand.
He has the power to allow or bar any issue from being included in the meeting
agenda but like a democracy, he has to have a reason for doing so.
When it comes to voting, if there is an equal number of votes for or against a
matter, the Chair decides to cast a decisive vote, i.e he has two votes.
He is the Signatory for bank operations out of joint authority.
He is the final authority on ballot decisions, expenditure approvals,
acceptance of procedural decisions, committee nominations, proxy attendees
in a meeting, and disciplinary actions.
The Chair is responsible for initiating community building activities and
maintaining a healthy and progressive environment in a co-operative.
a. Record-keeping
b. Organizational activities
The Secretary must issue notices and agenda of all meetings of the general
body and the committee.
He must issue a letter of allotment of flats, prepare and issue demand
notices/bills for payment to the Society’s charges, issue a notice of repairs to
be carried out in flats.
He is in charge of all types of communication and applications received by the
society from members, vendors and be the go-between for the committee and
the members.
He deals with communication with the authorities, including correspondence
with the Co-Operative Registrar, correspondence on common electric supply,
property taxes including Non-agricultural taxes.
The Secretary must inspect the property of the Society and visit flats for
inspection after prior notice to the members.
Even though running a co-operative can be a challenging task,it is by no means
insurmountable. A well-integrated and proactive MC is the key to a thriving co-
operative.