Daily updates on cooperative housing society law, Registrar circulars, Bombay High Court rulings, and government policy — written for managing committees.
The Government of Maharashtra has officially notified the MCS (Amendment) Rules 2026, introducing mandatory fund minimums, committee spending caps, a recovery procedure, and strict redevelopment consent thresholds for all cooperative housing societies in the state.
The Bombay High Court has ruled that a person who purchases a flat at a bank auction under the SARFAESI Act and holds a registered sale certificate cannot be evicted by a second creditor bank — even if that bank has a competing mortgage claim over the same property.
The Maharashtra government's draft revised Model Bye-Laws for cooperative housing societies, released for public consultation in late 2025, are expected to be finalised and gazetted soon. Key proposals include tap-based water charges, virtual AGMs, and revised sinking fund minimums.
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