Where a co-operative society or a company of person taking the flats is to be constituted, the promoter shall submit an application to the 1 Subs. By G.N. of 6-7-1972.
2 Deleted by G.N. of 23-5-1974.
3 Subs. by G. N. of 10-4-1987.
4 Deleted by G. N. of 10-4-1987 5 Subs. by G. N. of 17-8-1979.
Laws4India.com, Plot No. 118, Ramani Villa, TPS IV, Bandra (W), Mumbai – 50 Registrar for registration of the co-operative society or the company, as the case may be, within four months from the date on which the minimum number of persons required to form such organisation have taken flats.
1[Where the apartment takers propose to submit the apartments to the provisions of the Maharashtra Apartment Ownership Act, 1970, by executing Declarations and Deeds of Apartments as required by that Act, the promoter shall inform the Registrar as defined in the Maharashtra Co-operative Societies Act, 1960, as soon as possible after the date on which all the apartment owners (being not less than five) have executed such Declarations and Deeds of Apartment.