Professional Documents
Culture Documents
BYE_LAWS[1] charitha sriyam (1)
BYE_LAWS[1] charitha sriyam (1)
BYE_LAWS[1] charitha sriyam (1)
4. MEMBERSHIP ........................................................................................................ 2
5. JURISDICTION ...................................................................................................... 3
6. DEFINITIONS ......................................................................................................... 3
7. FUNDS ...................................................................................................................... 4
9. MANAGEMENT ..................................................................................................... 5
2. LOCATION OF OFFICE
The objectivess of the Srinivasam Flat Owner Welfare Association shall be:
c) To provide for the maintenance, repair and replacement of the common areas
and facilities by contributions from the flat owners, and if necessary by taking
loans for the purpose, excluding interior portions of the flat.
f) Lifting of water supply from sump to OH tank for daily usage purpose &
drinking purpose. To provide security arrangements for protection of the
residents and property in the Complex.
g) To have the possession and to protect and to maintain the joint properties of
the Association like lights, pumps, and common parking places.
h) To frame rules with the approval of the general body meeting of the
Association.
4. MEMBERSHIP
b) Upon any Flat Owner selling his / her flat or Absolutely conveying
the same by way of gift after the stipulated time under his will or otherwise,
the purchaser or Donnie shall automatically have right to become a member of
the Association, by production of such evidence or document to the
Association.
c) On the death of the house owner, upon subsequent transfer to the person or
persons to whom he bequeaths the same by his will or to the legal
representatives of his estate, such person(s) shall have the right to become the
members.
d) Joint Flat Owners: Where two or more persons have purchased a Flat jointly,
they shall together nominate one of the owners as a member to exercise the
right of Vote.
5. JURISDICTION
6. DEFINITIONS
7. FUNDS
b) The Association can replenish funds from the Flat Owners in the event, the
maintenance fund has gone below Rs. 100000.
f) The Treasurer and the President is responsible for over all finance and it is
their duty to ensure that all amounts spent is in accordance with the approved
budget and authorized expenditure is within in their financial powers.
h) Financial year commences from 1st April onwards and ends on 31st March of
succeeding year.
i) The funds of the Association shall be spent only to the attainment of the
objects of the Association and no portion of thereof shall be paid or transferred
directly or indirectly to any one of its members through any means.
8. GENERAL BODY
b) All the members of the Committee of the Association initially by selection shall
be elected by the General Body as and when elections are conducted, who shall be
elected from among the members in the following manner.
a) The members of the Executive Committee shall hold office for a period of
‘two’ years from the time of assumption of office or until such period the
elections were held and the elected body assumes charges of the management
of the Association whichever is earlier. The elected body also shall hold office
for a period of ‘Two’ years from the date of assuming the charge.
b) Any member of the Executive Committee may at any time resign from his
office by sending a letter of resignation to the President of the Association.
But, such resignation shall take effect only from the date on, which the
Executive Committee accepts it. The Executive Committee may fill up the
vacancies created due to resignations. Their term will also end at the expiry of
the term of the committee.
a) The General Body will meet twice a year. Such Meetings shall be presided
by the President.
b) The Budget for the ensuing year shall be passed and annual report for the
previous year shall be approved at Annual General Body Meeting.
c) The Annual General Body Meeting shall be convened after giving ‘15’days
clear notices of the proposed meeting to be held.
d) The quorum for the Annual General Body Meeting shall be half of the total
strength of flat owners.
e) The President can call an extraordinary General Body Meeting giving ‘7’ days
clear notice. Generally the President will be the Chairman of all meetings.
f) There shall be an agenda communicated for every meeting and the
Association shall maintain the minutes of the meetings which shall be signed
by the President.
g) If there is no quorum, the Chairman may adjourn the meeting for half an hour
and conduct the meeting with any number of members that are present. Such
adjourned meeting can deal with any item of the Agenda excepting the
amendment of the byelaw.
h) The President shall preside at all meetings of the General Body and the
Executive Committee. They shall be allowed to exercise vote as a second
vote whenever there is equality of votes in any issue and in the absence of the
President, a Chairman shall be elected from among those present. The
s) Proxy: A Proxy can attend a meeting with specific authorization from the
concerned Flat owner to attend and to vote and such authorization letter along
with copy of sale deed shall be produced at least one day in advance of such
meeting.
t). Elections
a) The Executive Committee will meet as often as is possible but not less than
once in a month. The Secretary can call a meeting with prior approval of the
President with ‘7’ days notice. In special circumstances, the President may
however, may convene a meeting of the Executive Committee. The President
shall call for a meeting of the committee with in ‘7’ days after receipt of the
requisition in writing signed by at least by 2/3rd of the members of the
Committee for such a meeting. The Secretary shall maintain record of
complete proceedings of the meeting in the minute’s book. If a member
absents himself continuously for three meetings, he ceases to be a member of
the committee. He can be reinstated only once, if the committee considers his
written explanation satisfactory.
a) The Executive Committee shall have the powers to appoint the requisite
number of staff and various workers for maintenance of Entire Township.
The committee must draw up service conditions and frame rules of
employment. The Executive Committee has the powers to terminate the
services of their employees.
b) The Executive Committee can enter in to an agreement of contract with
outside agencies in exercise of their duties.
c) The Executive Committee has the right to file court cases to protect the
interest of the Association.
d) The Executive Committee has the powers to spend up to Rs.50,000/- per
transaction for repairs in immediate emergencies.
e) The Executive Committee has powers to decide and collect the maintenance
charges.
f) The Executive Committee has powers to disconnect the Power / Water
supply to defaulters who have not paid the maintenance charges.
g) The Executive Committee has powers to remove any encroachment inside
the Township premises.
h) The Executive Committee is empowered to impose fine up to Rs.500/-for
each act of omission or non- compliance of laws that result in conflict, cause
disturbance to peace, throwing garbage in common areas, nuisance by pets,
causing damage to Association’s property and so on.
Subject to such resolutions as the committee may, from time to time, pass in
this behalf, the several officers of the committee shall have the powers
mentioned below.
President
The president shall exercise general control and supervision over the affairs of
the Association and the work of its officers. He shall with the approval of the
Committee make arrangements for the safe custody of cash and other
properties of the Association and frame suitable byelaws for this purpose.
Subject to the approval of the committee, he shall also have power to appoint
the employees of the establishment as well as remove them and also preside
over the General Body, the committee and other sub-committee.
The president shall exercise the powers delegated to him by the committee,
and may, subject to the approval of the committee, delegate any of his power
and duties to any of the committee member for a specified period and may
withdraw any power so delegated.
Secretary
Treasurer
Members will carry out duties as assigned by the President / Secretary. They
are also responsible for implementation of byelaws by all the residents of the
Township and report breach of rules or conduct to the office.
Financial Powers
b) The Executive Committee has powers to sanction up to Rs.50, 000/- for any
one transaction.
c) The Treasurer/Secretary may retain up to Rs.2, 000/- in cash for petty
expenses.
d) Payments shall be made only on supporting documents like vouchers.
a) All Flat owners are obliged to pay monthly maintenance charges before 5th of
every month in advance to meet all expenses relating to the “ Srinivasm Flat
owners Welfare Association”.
b) Maintenance charges shall include monthly payments to a general operating
reserve and reserve fund for replacements.
c) Should a member fail to pay the monthly maintenance charges to the
Association as fixed by the General Body even after extended period, then the
Association can disconnect the access of all the amenities such as Power,
Water, Gas etc., till such members pays all the outstanding dues along with
the interest @ 12%PA or at the rate as fixed by the Association from time to
time.
a) Owners / Residents are expected to carry out repairs to their flats for
all round safety and it should not be inconvenient to others.
b) Owners / Residents carrying out such repairs or any work which entails in use
of cement, Bricks, Gravel, construction material and the like shall deposit a
sum of Rs.2500/- (The amount may be decided by the Executive Committee
from time to time) with the Treasurer. It is the responsibility of the concerned
Owner / Residents to ensure road, Path or Common area is not damaged. The
Association will utilize the deposits to clean up / repairs the area if required.
Over and above if the Association is spent will be collected from the said
owners/residents.
c) All the repairs of internal installations of the units such as water lines, Gas,
Power, Sewage, Telephone, Air conditioners, Sanitary installations, Doors,
Windows, Lamps and all other accessories belonging to the unit area shall be
at the cost of the flat owner concerned and shall be the responsibility of the
flat owner.
d) An owner shall reimburse the Association for any expenditure incurred in
repairing or replacing any common areas and facility damaged through his
fault.
SECRETARY
Age
S.No. Name of the Office Bearer in Designation Address Occupation Signature
Years
3 Treasurer
Witnesses:
Age
Occupati
S.No. Name of the Office Bearer in Residential Address Signature
Years
on
SECRETARY