Redevelopment and Structural Repairs
If the redevelopment agreement is registered under the Registration Act, can members get copies?
Written By: GatePal Analyst
Last Updated on
Short Answer
Yes, members can get copies of the registered redevelopment agreement.
Detailed Explanation
Section 35 of the Gujarat Cooperative Societies Act, 1961 states that every member of a cooperative society shall have a right to inspect the registered redevelopment agreement and obtain copies thereof on payment of a prescribed fee. This means that members have a legal right to access and obtain copies of the registered redevelopment agreement.
In practice, this provision ensures transparency and accountability in the redevelopment process of cooperative societies. By allowing members to review the agreement, it enables them to understand the terms and conditions of the redevelopment, ensuring their interests are protected.
Real-world Scenarios
A cooperative housing society undergoes redevelopment, and the members wish to review the registered agreement to ensure compliance with the terms discussed during the general body meeting.
In a commercial cooperative society, members request copies of the registered redevelopment agreement to verify the allocation of space and responsibilities among the members.
Step-by-step process:
Members can submit a written request to the society's managing committee to inspect the registered redevelopment agreement.
Upon payment of the prescribed fee, the society must provide copies of the agreement to the requesting members within a reasonable time frame.
Reference
Section 35 of the Gujarat Cooperative Societies Act, 1961: Official PDF
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