If majority of members are in favour of redevelopment court would not grant any stay
it is well settled law that few members cannot hold the redevelopment of building to ransom by refusing to vacate the premises
3) It's crucial to include a clause in the redevelopment agreement that specifies the developer's obligation to provide a bank guarantee before construction begins
4) The GR dated July 4, 2019, for redevelopment of cooperative housing societies issued by the Maharashtra government, provides for the points to be included in the development agreement (DA). Clause 18(2) provides that the developer shall give 20%of the total cost of the redevelopment project as bank guarantee (BG) to the society. Your society should insist on getting a BG as mandated