Enter your question here...what action can be taken against housing socy. member who defolts on monthly maintainance payment
Answered on: 6/16/13, 5:20 am by Fca Prashant Chavan
Dear Sir / Madam,
You should charge interest @ 21% per annum on the concerned member's outstanding; and complain to the Registrar of Co-operative Housing Societies seeking cancellation of membership of the Society, if the member is a persistent defaulter.
Did you find this answer helpful?
0 Users found this answer helpful.
0 Attorneys agree with this answer.
Expert Edge LLP email@example.com "always A Step Ahead", Mumbai 52► Other answers from this attorney