Chapter 13 of 13

Bye-laws - English Version 3

Chapter XIII — Transitional Provisions (First Committee)

Proposed new chapter: Temporary provisions for the formation period, placed before the General Body for decision. Once the first regular Committee takes office, this chapter ceases to operate except Clauses 50 and 54.

50. Financial Year

The financial year of the Society shall run from 1 April to 31 March. Accounts, budgets, audit and the term of every Management Committee shall follow the financial year.

51. First (Interim) Management Committee

(1) The first Management Committee shall be constituted by the General Body from members who have given written consent to serve.

(2) It shall hold office from the date of its constitution until 31 March 2027 and shall then stand dissolved, irrespective of the date on which it was constituted or the date on which the builder hands over maintenance.

(3) A vacancy arising during this period may be filled by the Committee from eligible members, subject to ratification at the next General Body meeting.

(4) The first Committee shall not enter into any contract or commitment extending beyond 31 March 2027 without prior approval of the General Body.

52. Functions of the First Committee

(1) Register the Society and complete all filings with the Registrar of Firms, Societies and Chits, Uttar Pradesh.

(2) Take over maintenance, records, funds, deposits, documents, keys and common-area assets from the builder against a signed inventory, whenever the handover takes place during the year.

(3) Complete member KYC, the Register of Members and the verified parking register.

(4) Open the Society's bank account and maintain audit-ready accounts from the date of handover.

(5) Prepare the voters' list and conduct the first regular election under Clause 53.

53. First Regular Election

(1) The election of the regular Management Committee shall be completed in the first half of March 2027, following the election procedure in these Bye-laws.

(2) The elected Committee shall take office on 1 April 2027. Thereafter, elections shall be held each March, before the outgoing Committee's term ends on 31 March.

(3) The outgoing Committee shall hand over all records, accounts, funds and assets to the incoming Committee on 1 April against a signed handover inventory.

54. Annual External Audit

(1) The accounts of the Society shall be audited every financial year by an independent Chartered Accountant appointed by the General Body, who shall not be a member of the Society or a relative of any member of the Management Committee.

(2) The audited accounts and the auditor’s report shall be circulated to all members and placed before the Annual General Meeting.

(3) All books of account, vouchers, bank statements and payment records shall be open to inspection by every member, in the office and through the members-only section of the Society’s website, so that every member can check the accounts.

55. Cessation of Transitional Provisions

Clauses 51, 52 and 53 shall cease to have effect once the regular Committee takes office on 1 April 2027.


56. Election Contribution

Each candidate nominated for an office-bearer post shall, at the time of filing nomination, pay a contribution of ₹1,000 to the Society. This contribution is non-refundable and shall be credited to the Society fund regardless of the result of the election.

57. Interim Collection Account (Pre-Registration)

(1) If the builder discontinues interim maintenance before the Society is registered, the first Management Committee shall open a dedicated bank account, operated jointly by at least two of the President, Secretary and Treasurer, to receive members' quarterly maintenance contributions as trustees for the flat owners pending registration. The Committee shall continue to pursue registration of the Society without delay while this account is in operation.

(2) Every receipt into this account shall be recorded in a register open to inspection by any member, and a receipt shall be issued for each payment.

(3) On registration of the Society, the entire balance in this account, together with the complete register of receipts, shall be transferred to the Society's own bank account and reported to the first Annual General Meeting as part of the first audited accounts.

Appendix - Member Feedback Register

This appendix records feedback received for General Body consideration. “Incorporated” means included in this draft; it does not mean finally adopted until the General Body records that decision.

Flat 304 and Flat 301 (Agarwal ji and Gupta ji) - General drafting inputs

Flat 509 (Awadhesh Nigam) - Builder reminder letter

Robin Gupta - Flat 308

Niraj Dubey - Flat 506

Sujata Sarkar - Flat 405

Krishna Kumar Singh - Flat 404

General member feedback

Appendix B - Competent Authorities

Where these Bye-laws refer to the Competent Authority, it means the authority responsible for that subject:

SubjectCompetent Authority
Society registration, Bye-laws, amendments, annual returnsRegistrar of Firms, Societies and Chits, Uttar Pradesh
Building plan, structural change, change of use, completionLucknow Industrial Development Authority (LIDA, formerly LEDA), which approved the building plan
Fire safety and Fire NOCUttar Pradesh Fire and Emergency Services
Apartment ownership and the association of apartment ownersThe authority notified under the UP Apartment (Construction, Ownership and Maintenance Promotion) Act, 2010
LiftsThe lift inspector under the applicable Uttar Pradesh lift law
Electricity supply and generatorThe electricity distribution company, and the Electrical Safety Directorate, Uttar Pradesh
Note: This list should be confirmed by the Society’s legal adviser before adoption.

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