Explanation of Expenses

Q: How often is it necessary to share the expenses incurred by the society. I keep getting messages asking for details of amount spent from society Maintaince charges.

Rahul Nair, Apartment Resident

20th June 2018

Legal in Pune

society maintenance charges

explanation of society expenses

the maharashtra co-operative housing society

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Replies (1)

Hi Rahul,
It is very important to share the expenses incurred by the societies on monthly basis. At least, other members should know that whether they are paying their maintenance charges for their flat is going to the right person or not. And being a member of a society, it is their rights to ask you for the money they have paid? So, paying all the maintenance charges, stick a notice on the board and explain the overall expenses.

Nitesh Patil, Pune

20th June 2018

Comment

The sharing of Society's Charges by Members in the given proportion or the ratio of various charges is to be collected from members. Maharashtra Co-operative Societies Rules, 1961 enables any society to frame By-Laws for method appropriation of payments made by members. So, it is your prime duty to express all the expenses u have made for the society. Thanks

Suraj Kalled, Pune

20th June 2018