Summary of section 79A of Maharashtra Government

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1. Summary of Section 79(A) of
Maharashtra Co-operative Societies Act
•Ca Manmohan Jindal
•Ex-Canara Bank -Mumbai
•[email protected]
•8850385224
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2. ThedirectiveisissuedbytheGovernmentofMaharashtraunderthe
MaharashtraCo-operativeSocietiesAct,1960,
Itaddressedtheissuesoftheredevelopmentofbuildingsinco-
operativehousingsocietieswithinthestate.

3. Itoutlines:
1.AComprehensiveprocessfortheredevelopment,
2.Theproceduresforconveningspecialgeneralbodymeetings,
3.Selectingarchitectsandprojectconsultants,
4.Preparingprojectreports,
5.Invitingtenders,
6.Selectingdevelopers,and
7.Enteringintoagreementswithdevelopers.

4. •Key points include:

5. •Initiation of Redevelopment:
•AspecialGeneralbodymeetingmustbeconveneduponarequisition
fromatleastone-fourthofthesociety'smembers,withanagenda
furnishedtoallmembers14daysprior.

6. SelectionofConsultants:
Thesocietymustobtainquotationsfromatleastfiveexperienced
architectsorprojectmanagementconsultants,withtheselectionmade
duringthespecialGeneralbodymeeting

7. PreparationofProjectReport:
Theselectedconsultantisresponsibleforsurveyingthebuildingand
land,obtaininginformationonlandconveyanceandGovernment
policies,consideringmembers'suggestions,andpreparingarealistic
projectreportwithintwomonths.

8. •Invitation of Tenders:
•Based on the approved project report, tenders are invited, with the
Architect/Project Management Consultant preparing a draft tender
form and selecting bids for presentation to the society.

9. •Selection of Developers:
•Aspecialgeneralbodymeetingisconvenedtoselectadeveloper,
withthepresenceofanauthorizedofficerfromtheregistrar'soffice.
•Thedeveloperischosenbasedonexperience,merit,financial
capacity,technicalcapacity,andcompetitiverates,withapprovalbya
three-fourthsmajorityvoteofthememberspresent.

10. •Agreement with Developer:
•Theagreementmustbeenteredintowithinonemonth,underthe
guidanceoftheArchitect/ProjectManagementConsultant.
•Itincludestermssuchascompletiontimeframe,bankguarantee,
provisionofalternativeaccommodation,registrationofthe
agreement,andconditionsfortheallotmentofnewflatsand
developmentrights.

11. •EthicalConsiderations:
•Committeemembersorofficebearersofthesocietycannotbe
developersorrelatedtodevelopers.

12. •TransparencyandInformation:
•Sanctionedbuildingplansshouldbepresentedtothegeneralbody
meetingforinformation,andmemberscanrequestcopiesof
approveddocuments.

13. •Thesection79Aemphasizes
•Theimportanceoftransparency,
•Memberinvolvement,and
•Adherencetolegalandproceduralrequirementsthroughoutthe
redevelopmentprocess.

14. •Itaims:
•Toaddresscommoncomplaintssuchaslackoftransparency,arbitrary
appointments,andviolationsofcooperativelaws,byestablishinga
clearandconsultativeframeworkforbuildingredevelopmentin
cooperativehousingsocieties.

15. •Thanks
•Ca Manmohan Jindal, RV-SFA, Mumbai
•[email protected]
•8850385224
•Adv. Abhay Jindal
•7021113005
•[email protected]