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Appointing the developer for redevelopment of our society

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As per 79(A) of the MCS Act 1960 the meeting for the voting of the builder took place at National college conference room. 25 authorized society members of the total 29 members were present at the meeting and that included members who came from far off places like Surat, New Delhi and Hongkong. Everybody came before 7pm whose attendance was recorded and a ballot sheet with the list of five short listed builders was given to all the members where by members were asked to tick on the builder of their choice.   At the dot of 7pm. the meeting commenced with the welcome note by our Chairman, Mr Chainani and Mr Malhotra.   Whole process was video recorded and the counting of the vote was done in the presence of registrar of society. And the result was one vote for Nagpal, 3 votes for Prathesh and 21 votes for RS It was decided that RS would be the appointed builder for our society. Everybody congratulated each other over sandwiches and wafers and urgency to go furthe...

Important meeting of voting for right developer

A special General Meeting of Daulat Baugh Co-operative Housing Society Ltd will be held on Saturday the 30th April 2011 at the mini auditorium, National college, Bandra(W) at 7:00 pm to transact the following business:   1 (a) Selection of Building/Developer for Redevelopment of Society building   (b) Authorization of the Managing Committee members to sign/execute documents in respect of the redevelopment.   Notes   Only members and in their absence their associates or joint members shall be entitled to attend and vote at the meeting. Members are not entitled to vote by proxy. Quorum for Special General Meeting shall be ¾ (i.e. 75 percent) of the total number of members of the society. If there is n quorum the meeting shall stand adjourned for half an hour, failing which the said meeting shall stand adjourned for eight days and the adjourned meeting shall stand dissolved assuming that members are not interested in the redevelopment of the society’s buildin...

Choosing the Builder

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Democratic Voting for the builder Today, the meeting was held in Daulat Baugh office. We had lots of discussions on four builders who had approached us, Kamala, Wadwa, Satgurus, and Supreme. Kamaka’s proposal is very lucrative money wise and is very much tempting with all the amenities that they are offering: park, swimming pool, jogging area, gym etc Satguru’s construction is very classic and he has quality, It is believed that they make very good buildings with best materials that they use, although their monetary offer was the lowest. Wadwa proposal is good too and their financial status in the market is quite stable Supreme construction is good too and we have a ready example building opposite our building. To maintain the transparency, at 12noon we had democratic voting, where each one was given a slip of paper and they had to vote for one builder only. And it was decided that the final decision would be taken on the voting of all those who were present at the...