Documents Required for Recovery of Dues from defaulters
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- Application in prescribed format
- Stamp Paper of Rs 100/-
- Membership entrance Date proof
- Extract of defaulter members ledger (3 certified copies)
- Final Notice issued by the Society (now sending bill is sufficient, sending separate notice is not required)
- Resolution copy if an authorized officer appointed by managing committee / Vakalt Nama
- Resolution copy for maintenance fee structure and interest charges or a copy of respective Bye-Laws.
- Copy of resolution about initiating recovery process under sec. 154(B)(29) (formerly known as 101)
- Payment of Notice fee to be deposited with government treasury after the challan is approved by DR/AR
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A member wishes to pay his maintenance With interest and issued the blank cheques cheques but committee rejected the payment and sent back the cheques. Committee claims that member has previous dues which should be cleared first but member demanded docs for inspection which committee has not produced since 2013. On this ground committee rejected the cheques.
If committee is rejecting the payment , can member be called as defaulter?
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[…] a common question regarding the calculation of Rate of interest on the pending society dues by the defaulters. As per Bye Law No. 71, members shall be required to pay simple interest at twenty one percent per […]