Radhakrishnan Iyer
As in most CHS, our society located at Thane in Maharashtra did not approve of an increase in maintenance charges. The Chairman / Secretary/ Treasurer tried in vain during the last AGM to convince members that many pending projects / improvements cannot be carried out due to lack of funds.
The information that with the increase in cost of labour, materials etc., even carrying out existing functions posed serious lack of funds, did not convince the majority of members about the need for raising more funds by increasing the maintenance charges.
Presently funds are met by liquidizing mandatory fixed deposits. What steps can the MC take to overcome this?
I C Naik
A few prominent members of the Society should be called by the Chairman and Secretary and tell them that fixing the rates of maintenance is the duty of the Committee and the General Body has no say in the matter. There was no need to ask them. But this does not mean Committee can do any thing.
However in order to carry the members with management, the Committee should present a “Maintenance Budget” in general meeting.
What ever budget is approved, the rates are to be fixed by allocating the approved budgeted expense on each flat on the basis of apportionment as laid down in bye laws for every item of expense. In fact the Budget should be divided under heads of expenses listed in the Bye Laws. If this procedure is followed there will be no dissatisfaction.