We provide some legal aspects related to cooperative society in Maharashtra, India. However, please note that legal matters can be complex, and it's always advisable to consult with our qualified legal professional for specific advice tailored to your situation. Here are some key points related to cooperative society are as under.:

1. Formation and Registration:
   • Cooperative housing societies are typically formed under the Maharashtra Cooperative Societies Act, 1960.
   • The society needs to be registered with the Cooperative Department of the concerned district
2. Bylaws:
   • Every housing society is required to frame its own set of bylaws, which should be in accordance with the model bylaws provided in the Act.
   • Bylaws govern the internal functioning of the society, including matters related to membership, elections, meetings, and management.
3. Membership:
   • Individuals become members of the cooperative housing society by purchasing a flat or a unit in the society
   • The rights and responsibilities of members are defined by the bylaws.
4. Management and Meetings:
   • Cooperative housing societies have a managing committee that is elected by the members
   • Regular meetings, including the Annual General Meeting (AGM), are held to discuss and decide on important matters.
5. Transfer and Sale of Shares:
   • Shares in the cooperative housing society represent the ownership of a member in the society.
   • The transfer and sale of shares are governed by the bylaws and may involve the approval of the managing committee.
6. Dispute Resolution:
   • Disputes among the members or between the members and the society are typically resolved through the cooperative dispute resolution mechanism provided by the Act.
7. Cooperative Court:
   • In case disputes are not resolved at the society level, there is a provision for approaching the Cooperative Court for resolution.
8. Redevelopment:
   • Redevelopment of cooperative housing societies is a common occurrence. The process and rights of members in redevelopment projects are usually governed by the bylaws.
9. Government Regulations:
   • Keep abreast of any changes in government regulations related to cooperative housing in Maharashtra

Remember that legal advice can vary based on the specific circumstances of your cooperative housing society, so it's important to consult our legal professional who specializes in cooperative housing laws in Maharashtra.