Mumbai: Finally, the Country Cabinet has allowed the housing community to hold their annual general meeting until March 2022.
The previous deadline was September 30, 2021.
Also, the Management Committee has been empowered to transact the budget and designate the auditor for the next fiscal and determine the dividends or balanced balance which is left in the audited account.
Extensions are recommended by the Commissioner of the State Cooperative which cites that only 20% of people are ready to accept their audits and budgets due to the restrictions on Covid-19 which is located until August 31.
After a greater demand than the Mumbai Metropolitan community in the Mumbai region.
, Commissioners have recommended to the State Cooperative Department to extend the date to hold a Housing Housing of the GMS up to 2022.
This AGMS mainly removes the previous year’s audit, breaks the balance and designates the auditor for new fiscal.
Both the AGMS and submission of audited accounts, previously had 30 September as a strong time limit by the community when their association said it was a very short period of completing the account and issued a notification to members who had traveled outside or had just traveled Regret it is regular.
All community associations have supported the recommendations of the commissioners who are waiting for the nod of the Cooperative Department and the last cabinet.
It may also be mentioned here that in accordance with the selection of recent circular communities can be held within six months since September 16.
Until March 15, 2022.
It gives enough time for the community to do all processes and without hassle.
Housing communities can hold the GMS until March 2022
