Limit for cash payments in co-op housing society Bye Law 145

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  • Опубліковано 12 вер 2024
  • As per Bye Law No.145
    All payments in excess of Rs.1500/- (Rupees Fifteen Hundred) shall be made by means of crossed a/c payee's cheques.
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    Disclaimer: "This video reflects my own understanding of the respective topics. This video is for educational and informational purposes only
    and is not intended to infringe on any copyrights. This content is based on many reference sources, Model Bye-Law, MCS ACT 1960, and absolutely
    as per my experience and is probably is correct in my view but in general you should always verify by yourself or your legal advisor. If you
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КОМЕНТАРІ • 18

  • @umeshpawar7096
    @umeshpawar7096 8 місяців тому

    Please make video on which commercial or professional activities is allowed and can society pass resolution to stop commercial or professional activities which is allowed in byelaw

  • @rammanna4257
    @rammanna4257 Місяць тому

    Cash withdrawal limit from a society bank account by the secretary

    • @kclsocietyservices4997
      @kclsocietyservices4997  Місяць тому

      Limit for cash on hand in society Bye - Law 144
      The Secretary of the Society or the paid employee, authorized by the Committee in that behalf, may retain in his personal custody, at the close of every day, a sum, not exceeding Rs. 5,000 (Rupees Five Thousand only),for petty expenses.
      If due to unavoidable circumstances, the cash in hand has exceeded the above limit, the excess cash shall be credited into the bank within the next three days by the Secretary or any other person authorized by the Committee to keep cash in hand.

  • @DipeshSalian
    @DipeshSalian 8 місяців тому

    Sir CHS Management ke liye konsa Course Hai Kya

  • @sarojajadhav3359
    @sarojajadhav3359 8 місяців тому

    How much you are charging for monthly accounting tds n gst filiing n compliance, flat transfer work for society hvg member of 521 flats.

  • @AMRAJ-og2xx
    @AMRAJ-og2xx 3 місяці тому

    Is it necessary that Treasurer should use bearer cheque to withdraw cash?
    😊

    • @kclsocietyservices4997
      @kclsocietyservices4997  3 місяці тому

      Yes, If you have any other mode to cash withdrawal from society account suggest

  • @heart4art887
    @heart4art887 5 місяців тому

    Ppl use bearer cheques for higher
    Payments, is it right?

  • @prabalpandey6083
    @prabalpandey6083 8 місяців тому

    My car has been damaged. As the roof fell down in parking. What are the rules for it

    • @kclsocietyservices4997
      @kclsocietyservices4997  8 місяців тому

      As per bye law it committee responsibility to maintain the society in good conditions, today car damage, tumor any member of society can injured. due to this if any things happened society is responsible. You can check bye law no 68,138, 155, 158. You can complaint to Registrar for above bye law of violation.

  • @sushilakproftech7952
    @sushilakproftech7952 15 днів тому

    Good morning sir
    Agar payment online kisi aap k through hota hai and koi b kabhi b charge or penalty bhi. Application m add kar dete hai.
    Is it right????
    How to complain against this kind of issue????

    • @kclsocietyservices4997
      @kclsocietyservices4997  15 днів тому

      Raise query first to committee, interest or any other charges all approved in AGM, same society can collect from members

  • @DumDumDigaDiga66
    @DumDumDigaDiga66 5 місяців тому

    WHAT IS THE MAXIMUM PAYMENT IN CASH THAT CAN BE ACCEPTED BY HOUSING SOCIETY FOR MONTHLY FLAT MAINTENANCE BILL.IS THERE ANY MAXIMUM LIMIT AS PER LAW FOR RECEIPT OF MONTHLY MAINTENANCE IN CASH FROM FLAT OWNER.PLEASE ADVISE. SINCERE THANKS IN ADVANCE.

    • @kclsocietyservices4997
      @kclsocietyservices4997  5 місяців тому +1

      Petty cash amount should be below Rs. 5,000 on every day , so consider it max amount