Spending society funds on private property
I have a bungalow in a gated bungalow housing cooperative society in Kasara, Maharashtra. The plots with the 7/12 extract are in the names of the individual plot owners. A cooperative housing society has been formed for maintenance of common amenities like clubhouse, street lighting, etc. The builder constructed the border fences on the plot of the bungalow owners. The society wants to repair these fences.
1. Since the border fences are on the private land of the bungalow owners can the society money be spent to repair them?
2. Even if a resolution is approved in the AGM, if any one members contests this in the court of law, will it stand scrutiny?
3. We are effectively spending society’s money not on society property but on private property of an individual owner. Is this acceptable practice?
Regards
Rohit
Asked 3 years ago in Property Law
Religion: Hindu