Housing societies cannot impose over rRs.r5,000 annual penalty on member: Court
India, July 26 -- A Cooperative Housing Society cannot levy penalties exceeding Rs.5,000 in a financial year on any member, the Maharashtra State Co-operative Appellate Court has ruled while dismissing an appeal in a parking dispute involving a Dadar housing society.
In its July 18 order, the appellate court upheld an interim order of the Co-operative Court restraining Landmark Co-operative Housing Society from imposing parking fines on member Deepali Bhube. The court also directed the society to provide her with a convenient parking space and refrain from charging daily penalties until the dispute is finally decided.
The dispute arose after Bhube complained that her allotted parking slot had become sandwiched between other parking spac...
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