Roy Sinha
I saw your name on the Indian Cooperative website and decided to approach you from the UK.
I understand, there is a recent Indian Supreme Court ruling which prohibits a Cooperative Housing Society from asking for ‘donation money’ at change of membership time from a leaving member.
In West Bengal Cooperation Department, although their website incorrectly mentions 0.5% of the sale money as ‘donation money’, I am told by the RCS that the Supreme Court ruling prohibits it altogether and makes it ‘illegal’.
Please can you confirm and if possible send me the appropriate link so that I can read the details of this ruling. Many thanks.
I C Naik
DONATIONS ARE BANNED UNDER BYE LAWS. THERE ARE BYE LAWS WHICH PERMITS VOLUNTARY DONATIONS UPON TRANSFER AND MEMBERS PAY ALSO OFFICIALLY AND WITH A DECLARATION THAT IT IS VOLUNTARY. THERE IS NO BAN BY SUPREME COURT NOT EVEN UNDER ANY GOVERNMENT CIRCULAR.