Few members can't make co-op society change its by-laws, says Bombay HC

The Bombay High Court on Monday held its judgement a miniscule number of members of a co-operative housing society cannot force it to change its by-laws.Furthermore it ruled that the housing society is not required to change its by-laws before signing up for redevelopment of its premises, as reported in the Times of India.[caption id="attachment_1794995" align="alignleft" width="380"] Reuters[/caption]In 2008, Andheri Krupa Prasad Co-operative Housing Society hired the firm, Vardhaman Developers, to redevelop their four buildings. As per the terms of the agreement between the Housing society and the developers, they were supposed to hand over their flats once permissions for the new plans had been sanctioned and obtained from the civic body.However, 17 flats were not handed over for redevelopment even though the occupants had signed the affidavit which clearly stated that they would abide by the terms of the development agreement. 57 residents had already moved into temporary accommodation and Vardhaman Developers were forced to move to court.The Bombay High Court in its judgement appointed a court receiver to take forcible possession of the flats if they are not handed over to the developers in four weeks.