RWA is not sharing the financials for last three years
2 years ago
our RWA was dissolved by a HC order as it was not registered with competent authority for collecting maintenance and corpus money which they were doing for last 3 years. Now after getting dissolved they are not ready to share all these years Association bank account statement even after asking repeatedly by some owners as we doubt there are serious financial anomalies happening. How can we go ahead in this regard legally.
A.Hi, residents can move the court regarding this issue after mutual agreement and consensus (which in your case is already there, it seems). These days various residents have been resorting to online forums to bring issues of concern regarding their RWA to the fore.
Even when the Association is dissolved due to any reason, the course of action thereon is usually pre-decided especially with regard to liabilities, left-over properties/ assets etc.
If you found this helpful, kindly rate me.
Even when the Association is dissolved due to any reason, the course of action thereon is usually pre-decided especially with regard to liabilities, left-over properties/ assets etc.
If you found this helpful, kindly rate me.
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