If no period for conveying the title of the promoter to the organisation of the flat purchasers is agreed upon, the promoter shall (subject to his right to dispose of the remaining flats, if any) execute the conveyance within four months from the date on which the Co-operative society or the company is registered or, as the case may be, the association of the flat takers is duly constituted.
2[When a promoter has submitted his property to the provisions of the Maharashtra Apartment Ownership Act, 1970 by executing and registering a Declaration as required by section 2 of the Act, and no period for conveying the title of the promoter in respect of an apartment to each apartment taker is agreed upon, the promoter shall execute the conveyance or deed of apartment in favour of each apartment taker within four months from the date, the apartment taker has entered into possession of his apartment.
3[The promoter shall file with the Competent Authority a copy of the conveyance executed by him under sub-section (1) of section 11 within a period of two months from the date of its execution.]
4[10. Manner of making disclosure before the officer appointed under section
5.-(1) For the purpose of making disclosure of all transactions in respect of the account referred to in section 5 or for the purpose of making disclosure of information and documents in the manner prescribed in these rules, a promoter shall produce before the officer, appointed under the said section, the following documents in relation to such account within such time as that officer may fix in that behalf, namely:-
1. The Cash Book.
2. The General Ledger.
3. The Personal Ledger.
4. The Nominal Accounts.
5. The Receipts of Advances and Deposits.
6. The Vouchers of Expenditure 1 Added by G.N. of 6-7-1972 2 Added by G.N. of 6-7-1972.
3 Added by the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) (Amendment) Rules, 2010, vide Notification No. F0B. 2008/CR. 170/RR-II, dated 27th September, 2010.
4 Added by G.N. of 23-7-1968.
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7. Bank Pass Book.
8. The Register of Flat Purchasers. 1**
9. The Register of Flats.
10. The Statement indicating Receipts and disbursement (General).
11. The Statement indicating Receipts and Disbursement of Individual Accounts.
(2)2 [The Register of Flat Purchasers and the Register of Flats 3**] shall be in Forms I and II, respectively, and the statement at serial numbers 10 and 11 in sub-rule (1) shall be in Form III and IV, respectively. The other documents referred to in sub-rule (1) may be maintained according to the trade practice.