Hi
President and 80 % member trying to withdraw Fixed Deposite for appartment maintainance like color, plumbing repairing, but some member are disagree as fixed deposit has been made for regular maintenance like electricity bill, lift AMC etc.
What can we do, how to oppose as we don't want fixed deposite to be withdraw for such work.
A.Dear client,
In the flat association, usually, memorandum of rules are formed refer to the rules to understand where the fixed deposit should be invested. In the absence of the rules, let the members of the association will decide through the common facility to vote.
.
Thank you.
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