Interest and repayment of Housing society dues Interest and repayment of Housing society dues

8 months ago

My housing society is deducting any repayments made first against interest instead of principal which is leading to compounding.
Before any repayments were deducted from principal outstanding but without notifying the members the society has made this change.
We have bills which clearly show a difference in accounting method followed and asked the managing committee to clarify but they have refused to answer.
What legal action can be taken in this case and is it possible to file a case of harassment against the managing committee as they have refused to correct the accounts for several years ?

Legal Counsel Vidhikarya

Responded 8 months ago

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A.Dear Client,
Society is governed by the Byelaws approved and registered by the Registrar of Cooperative Society. When your appeal correction of anomalies in billing is not responded to by the Society, you may escalate the matter before the Registrar of Cooperative Society for redressal of your complaint/grievance failing which you need to serve a legal notice and file a civil suit against the Society to get appropriate reliefs in the matter.
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Anonymous

Replied 8 months ago

What is the process for escalating the matter to registrar ?

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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 8 months ago

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A.Dear client,
Please send a legal notice against your society. If they fail to rectify their mistake, you may file a suit in Court
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