Housing Society AGMs: Legal Deadlines, Member Rights, and Penalties for Non-Compliance

• Cooperative housing societies must hold their Annual General Meeting (AGM) by August 14th.
• An extension to November 14th can be obtained from the Registrar if applied for due to valid reasons.
• Failure to hold the AGM by the deadline can lead to the Registrar appointing an authorized officer to conduct it.
• Key topics for the AGM include audit reports, financial statements, budgets, maintenance charges, and elections.
• Members have the right to demand an AGM in writing and can complain to the Registrar if the committee fails to comply.