March 24, 2024


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Section 20 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Promoter to render account to the Association Every promoter shall render an account to the Association for the amount collected by him, from the apartment owners before the formation of the Association, towards common expenses, sinking fund for replacement of fixed assets and payment of State Government and municipal taxes and shall transfer the balance, if any, with him to the Association within three months of the formation of the Association and in case of an Association deemed to be registered under this Act, within three months from the commencement of this Act. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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Section 19 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Common profits, common expenses and other matters (1) The common profits of the property shall bedistributed among, and the common expenses shall be charged to,the apartment owners according to the percentage of the undividedinterest of the apartment owners in the common areas andfacilities.(2) Where the apartment owner is not himself in theoccupation of the apartment owned by him, the common expensespayable by such apartment owner shall be recoverable from theperson in the occupation of the apartment.(3) Common expenses shall be due from the expiry ofseventh day from the date of service of demand notice on theapartment owner or, as the case may be, the occupant of theapartment, by the Association and an interest at such rate, notexceeding fifteen per cent per annum, as may be determined by theAssociation, shall be payable on the arrears of common expenses. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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Section 18 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Apartment owner not to be exempted from liability for contribution by waiver of the use of the common areas and facilities No apartment owner may exempt himself from liability for his contribution towards the common expenses by waiver of theuse of enjoyment of any of the common areas and facilities, or by the abandonment of his apartment. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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Section 17 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Action – (1) Without prejudice to the rights of anyapartment owner, action may be brought by the Association, ineither case in the discretion of the Association, on behalf of two ormore of the apartment owners as their respective interest mayappear, with respect to any cause of action relating to the commonareas and facilities or more than one apartment.(2) The service of process on two or more apartmentowners in any action relating to the common areas and facilities ormore than one apartment may be made on the person, designated inthe bye-laws to receive service of process. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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Section 16 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Disposition of property, destruction or damage If, within sixty days of the date of damage to or destruction of all, orpart of any property, or within such further time as the CompetentAuthority may, having regard to the circumstances of the case,allow, the Association does not proceed to repair, reconstruct or rebuild such property, then, and in that event,-(a) the property shall be deemed to be owned incommon by the apartment owners;(b) the undivided interest in the property owned incommon, which shall appertain to each apartmentowner, shall be the percentage of the undividedinterest previously owned by such owner in thecommon areas and facilities;(c) any encumbrances affecting any of the apartmentsshall be deemed to be transferred in accordancewith the existing priority to the percentage of theundivided interest of the apartment owner in theproperty;(d) the property shall be subject to an action forpartition at the suit of any apartment owner, inwhich event, the net proceeds of sale together withthe net proceeds of the insurance on the property, ifany, shall be considered as one fund and shall bedivided amongst all the apartment owners in the66percentage equal to the percentage of undividedinterest owned by each apartment owner in theproperty after paying out, all the respective sharesof the apartment owners to the extent sufficient forthe purpose and all charges on the undividedinterest in the property owned by each apartmentowner. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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Section 15 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Insurance (1) The Association-(a) shall have, if requested so to do by a mortgageehaving a first mortgage covering an apartment, theauthority to, and(b) shall, if required so to do by the bye-laws or by amajority of the apartment owners,obtain insurance for the property against loss or damage by fire orother hazards under such terms and for such amounts as shall be sorequested or required.(2) Such insurance coverage shall be written on theproperty in the name of the Association as trustee for each of theapartment owners in the percentages specified in the bye-laws.(3) The premia payable in respect of every such insuranceshall be included in common expenses.(4) The provisions of sub-sections (1) to (3) shall bewithout prejudice to the right of each of the apartment owner toinsure his own apartment for his benefit. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

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Section 14 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Association of Apartment Owners and bye-laws relating thereto (1) There shall be an Association of apartmentowners for the administration of the affairs in relation to theapartments and the property appertaining thereto and for themanagement of common areas and facilities:Provided that where any area has been demarcated for theconstruction of several buildings, whether such area is called ablock or pocket or by any other name, there shall be a singleAssociation in such demarcated area.(2) Every promoter shall,-(a) in case where ten or more than two-third,whichever is higher, of apartments in a buildinghad been allotted, sold or otherwise transferredbefore the commencement of this Act, within sixmonths of such commencement; and(b) in any other case, within six months from the dateon which ten or more than two-third, whichever ishigher, of the apartments in the building areallotted, sold or otherwise transferred,make an application in the prescribed form and manner to theRegistrar for registration of the Association with the persons, whohave been allotted, sold or otherwise transferred apartments, asmembers.62In case, the promoter fails to make an application to theRegistrar for registration of Association, the persons who havebeen allotted, sold or otherwise transferred apartments shall applyfor registration of the Association:Provided that an Association of apartment ownersregistered under the provisions of the Rajasthan SocietiesRegistration Act, 1958 (Act No. 28 of 1958) before thecommencement of this Act shall be deemed to be the Associationfor the purposes of this Act, if its bye-laws are in consonance withthe provisions of the model bye-laws prescribed under this Act orthey are amended to bring them in consonance with the provisionsof the model bye-laws prescribed under this Act within six monthsfrom the commencement of this Act.(3) The promoter shall continue to be the member inrelation to an apartment not allotted or transferred till suchapartment is allotted or transferred to a person who shall become amember of the Association on such allotment or transfer withoutany further action on his part and be responsible for paying theannual maintenance charge or any other charge decided by theAssociation:Provided that the registration of any Association shall bewithout prejudice to any action that may be taken against thepromoter for violation of any provision of law in relation toerection of buildings.(4) On receipt of an application under sub-section (2), theRegistrar, after satisfying himself that the proposed Associationmeets the requirements of the provisions of this Act, shall,notwithstanding anything to the contrary contained in theRajasthan Societies Registration Act, 1958 (Act No. 28 of 1958),register the Association as a society under the Rajasthan SocietiesRegistration Act, 1958 (Act No. 28 of 1958) and the provisions ofthe said Act shall apply to such Association mutatis mutandis, asfar as they are not inconsistent with the provisions of this Act.(5) The Association shall, at its first meeting, make its byelaws in accordance with the provisions of the model bye-lawsprescribed under this Act and no departure from, variation of,addition to, or omission from, the model bye-laws shall be madeexcept with the prior approval of the Competent Authority and nosuch approval shall be given if, in the opinion of the CompetentAuthority, such departure, variation, addition or omission will havethe effect of altering the basic structure of the model bye-laws.63(6) The bye-laws framed under sub-section (5) may providefor the following, among other matters, namely:-(a) composition of the governing body;(b) election, from among apartment owners, of themembers of the governing body by the members ofthe Association, with provision that one-third ofthe members of the governing body shall retireannually;(c) powers and duties of the governing body;(d) honorarium, if any, of the members of thegoverning body;(e) method of removal from office of the members ofthe governing body;(f) method of calling meetings of the Association andof the governing body and the number of membersof the Association or the governing body who shallconstitute a quorum for such meetings;(g) election of a President of the Association fromamong the members of the Association, who shallpreside over the meetings of the Association andof the governing body;(h) election of a Secretary of the Association fromamong members of Association, who shall keeptwo separate minutes books, one for theAssociation and the other for the governing body,pages of each of which shall be consecutivelynumbered and authenticated by the President ofthe Association, and shall record in the respectiveminutes books the resolutions adopted by theAssociation or the governing body, as the casemay be;(i) election of a treasurer from among the members ofthe Association, who shall keep the financialrecords and account books of the Association;(j) maintenance, repair and replacement of thecommon areas and facilities and payment therefor;(k) manner of collecting from the apartment owners orany other occupants of apartments, their share ofcommon expenses;(l) engagement and removal of persons employed foradministration, management, maintenance, repair64and replacement of the property and the commonareas and facilities;(m) restrictions with regard to the use and maintenanceof the apartments and the use of the common areasand facilities, as may be necessary to preventunreasonable interference in the use of eachapartment and of the common areas and facilitiesby the several apartment owners;(n) any matter which may be required by the StateGovernment to be provided for in the model byelaws for the proper or better administration of theproperty; and(o) any other matter as may be required to be, or maybe provided for in the model bye-laws.(7) The bye-laws framed under sub-section (5) may alsocontain provisions, not inconsistent with the provisions of thisAct,-(a) enabling the governing body subject to thebuilding regulations to retain certain areas of thebuilding for commercial purposes and to grantlease of the areas so retained, and to applyproceeds of such lease for reduction of thecommon expenses for maintaining the buildingand the common areas and facilities, and if anysurplus is left after meeting such expenses todistribute such surplus among the apartmentowners as income;(b) relating to the audit of the accounts of theAssociation and the administration of theproperty;(c) specifying the time at which and the manner inwhich annual general meetings and specialmeetings of the Association shall be held andconducted;(d) specifying the time at which and the manner inwhich the annual report relating to the activitiesof the Association shall be submitted;(e) specifying the manner in

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Section 13 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Registration of Deed of Apartment (1) Every Deed of Apartment and every endorsement thereon relating to thetransfer of the apartment shall be deemed to be a document whichis compulsorily registrable under the Registration Act, 1908(Central Act No. 16 of 1908) and shall be registered with theRegistering Officer accordingly, and the words and expressionsused in this section but not defined in this Act, shall have themeanings respectively assigned to them in the Registration Act,1908 (Central Act No. 16 of 1908).(2) In all registration offices, a book called “Register ofDeeds of Apartments under the Rajasthan Apartment OwnershipAct, 2015 (Act No. ….. of 2015)” and an index relating theretoshall be kept in such form and shall contain such particulars as maybe prescribed.(3) Whenever any endorsement on a Deed of Apartment isregistered the Registering Officer shall forward a certified copythereof to the Competent Authority to enable it to make necessaryentries in the certified copy of the Deed of Apartment filed with itunder sub-section (2) of section 12.(4) Any person acquiring any apartment shall be deemed tohave notice of the contents of the Deed of Apartment and theendorsement, if any, thereon as from the date of its registrationunder this section. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

Section 13 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015 Read More »

Section 12 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Contents of Deed of Apartment (1) Whenever anyallotment, sale or other transfer of any apartment is made by thepromoter to the allottee or transferee, the promoter shall,-(a) in the case of an allotment, sale or other transfermade after the commencement of this Act, withinsix months from the date of such allotment, sale orother transfer; or(b) in the case of any allotment, sale or other transfermade before the commencement of this Act,wherein conveyance deed of apartment has notbeen executed or if executed, is not in consonancewith the provisions of this Act, within one yearfrom the date of such commencement,execute a Deed of Apartment containing the following particulars,namely:-(i) the name of the allottee or transferee;(ii) description of the land on which the buildingand other common areas and facilities are58located and whether the land is free-hold orlease-hold, and if lease-hold, the period ofsuch lease;(iii) a copy of the floor plans of the building,showing the layout, location and number ofapartments, as approved by the local authoritywithin the jurisdiction of which the building islocated;(iv) description of the building, stating the numberof stories and basements, the number ofapartments in that building and the principalmaterials of which it is constructed;(v) the apartment number, or statement of thelocation of the apartment, its area, number anddimension of rooms, and immediate commonarea to which it has access, and any other datanecessary for its proper identification;(vi) description of the common areas and facilitiesand the percentage of undivided interestappertaining to the apartment in the commonareas and facilities;(vii) description of the limited common areas andfacilities, if any, stating to which apartmentstheir use is reserved;(viii) value of the property and of each apartment,and a statement of encumbrances, if any, onthe apartment and the undivided interest onthe date of execution of the Deed ofApartment;(ix) statement of the purposes for which thebuilding and each of the apartments areintended and restricted as to use;(x) the name of the person to receive service ofprocess, together with the particulars of theresidence or place of business of such person:Provided that the Competent Authority may, if it is satisfiedthat the promoter was prevented by sufficient cause from executingthe Deed of Apartment in relation to any apartment within theperiod of six months, or one year, as the case may be, permit thepromoter to execute such Deed of Apartment within such furtherperiod, not exceeding six months, as it may specify:59Provided further that on removal of the encumbrancesreferred to in clause (viii) on payment of amount therefore anendorsement to that effect shall be made on the Deed of Apartmentby the person in whose favour encumbrances were created and theapartment owner shall get the endorsement registered inaccordance with the provisions of section 13.(2) The promoter shall-(a) file in the office of the Competent Authority; and(b) deliver to the concerned allottee or transferee, asthe case may be, a certified copy of each Deed ofApartment as registered under section 13.(3) Whenever any transfer of any apartment is made by theowner thereof, whether by sale, lease, mortgage, exchange, gift orotherwise, the transferor shall deliver to the transferee the certifiedcopy of the Deed of Apartment delivered to him under sub-section(2) after making an endorsement thereon as to the name, addressand other particulars of the transferee, to enable the transferee toget the endorsement on the certified copy of the Deed ofApartment registered in accordance with the provisions ofsection 13.(4) If-(a) the promoter fails to execute a Deed of Apartmentunder sub-section (1) within the period provided inthat sub-section or does not comply with theprovisions of sub-section (2) within a period ofthree months of registration of the Deed ofApartment under section 13,(b) the apartment owner does not comply with theprovisions of sub-section (3) within a period ofthree months of transfer of an apartment by suchowner,the Competent Authority may impose a penalty to the extent ofrupees five thousand or one per cent of the price of apartment,whichever is higher, and shall impose an additional penalty ofrupees one hundred for each day commencing with the first day ofdefault and the penalties so imposed shall be recoverable as arrearsof land revenue.(5) Notwithstanding imposition of any penalty under subsection (4), an apartment owner, allottee or transferee, as the casemay be, may make an application to the Competent Authority inthe prescribed form and manner giving the details of the apartment60in relation to which execution of Deed of Apartment under subsection (1) or delivery of Deed of Apartment after endorsementunder sub-section (3) has not been done and the CompetentAuthority shall, after giving a reasonable opportunity of beingheard to the lessee, promoter or the transferor, as the case may be,pass such orders as he deems proper including an order forregistration and delivery of document evidencing the execution ofDeed or after endorsement in the prescribed form and manner shallsend a true copy of the Deed of Apartment after endorsement to theconcerned Registering Officer for registration thereof inaccordance with the provisions of section 13.(6) Whenever any succession takes place to any apartmentor part thereof, the successor shall, within a period of six monthsfrom the date of such succession, make an application to theCompetent Authority for recording such succession on the certifiedcopy of the Deed of Apartment in relation to the concernedapartment, and, if there is any dispute as to the succession to theapartment, the Competent Authority shall decide the same, and forthis purpose, such authority shall have the power of a civil court,while trying a suit, and its decisions shall have effect of a decreeand shall, notwithstanding anything contained in section 27 orelsewhere in this Act, be appealable as if it were a decree passedby the principal civil court of original jurisdiction.(7) Whenever any succession to an apartment has beenrecorded by the Competent Authority under sub-section (6), suchauthority shall send a true copy of such record, to the concernedRegistering Officer for registration thereof in accordance with theprovision of section 13.(8) For the removal of doubts, it is hereby declared that theprovisions of this section shall be in addition to, and not inderogation of, the provisions of any other law, for the time being inforce, relating to the transfer of immovable

Section 12 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015 Read More »

Section 11 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015

Obligation of promoters (1) Every promoter shallsubmit a declaration to the Competent Authority in respect ofevery building constructed after the commencement of this Act insuch form, within such period and in such manner as may beprescribed specifying the following particulars, namely:-(a) description of the land on which the building andimprovements are, or are to be located, andwhether the land is free hold or lease hold;(b) description of building stating the number of storiesand basements, the number of apartments andprincipal materials of which it is or is to beconstructed;(c) the number of each apartment and a statement of itslocation, approximate area, number of rooms andthe immediate common area to which it has access56and any other data necessary for its properidentification;(d) description of the common areas and facilities;(e) description of the common areas and facilities, ifany, stating to which apartments, their use isreserved;(f) value of the property and of each apartment, and thepercentage of undivided interest in the common areasand the facilities appertaining to each apartment andits owner for all purposes, including voting;(g) particulars of encumbrances, if any, on the propertyof apartment and its undivided interest at the dateof the declaration;(h) such other particulars as may be prescribed:Provided that the promoter may, at any time, before thebooking of apartments in the building submit an amendeddeclaration to the Competent Authority.(2) At the time of booking every promoter shall-(i) attach with the agreement a self certified photocopyof the title deed of the land on which apartment isproposed to be constructed, approved buildingplans, details of common areas and limitedcommon areas ;(ii) specify in the agreement details of built up area ofthe apartment on the basis of which price of theapartment shall be calculated and shall alsoenclose the floor plan of the concerned apartment;(iii) specify in the agreement the date by whichconstruction of the apartment is to be completedand the date by which possession will be handedover to the purchaser subject to force majeureclause and intimation sent to such purchaser;(iv) specify in the agreement the penalty for delay incompletion or handing over the possession of theapartment;(v) specify in the agreement the payment schedule andpenalty in the event of non-payment or latepayment of instalment by the purchaser;(vi) specify in the agreement the condition ofcancellation or withdrawal of allotment and theextent of refund;57(vii) specify in the agreement the compensation eitherway in the event of violation of any of theconditions of allotment.(3) Where the building is constructed on the lease holdland, the promoter shall, before executing a Deed of Apartmentunder section 12, get the land converted from lease hold basis tofree hold basis, if the laws applicable to such land permits so.(4) The promoter shall on formation of the Associationunder section 14 hand over the following documents to theAssociation, namely:-(a) a certified copy of the approved plan of the building ;(b) details of the construction;(c) complete diagram of wiring;(d) complete plumbing layout;(e) details of common areas and facilities includingcopies of warranties, maintenance agreements, etc. inrespect thereof;(f) such other information relating to building availablewith the promoter as may be required by theAssociation in the interest of the apartment owners. 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Section 11 – THE RAJASTHAN APARTMENT OWNERSHIP BILL, 2015 Read More »