Q:My apartment building is registered under KSRA and has issued AMC (Annual Maintenance Charge) demand without holding an AGM. When asked the Managing Committee have responded saying quote An EGM or AGM decides the AMC applicable for the year and until another AGM or EGM revises it , the previously decided AMC remains valid endquote. They are using their statement as justification to carryover and use last years AMC to this year. They are also threatening to levy a penalty on anyone who does not pay within 25 days of the demand. Is the associations.demand for AMC without holding an AGM, without presenting the accounts for previous year and without presenting the budget for this year valid and legal?
Latest Answer: It is not at all legal. I think all the apartment owners should form a group and take legal action against the same because this is not right what they are doing.
