Under the Maharashtra Co-operative Societies Act, 1960, and its Model Bye-laws, the treasurer's role in a housing society typically involves financial oversight. Key duties include:

1. Maintenance of Accounts: Ensuring accurate records of all financial transactions, including income, expenses, and liabilities.
2. Preparation of Budgets and Financial Statements: Assisting in creating the society’s annual budget and ensuring proper financial reporting.
3. Collection of Dues: Overseeing the collection of maintenance fees and other charges from members.
4. Disbursement of Payments: Approving payments for society expenses, such as repairs, maintenance, and utility bills.
5. Compliance with Statutory Obligations: Ensuring timely filing of statutory returns, including income tax and audit reports.

The treasurer also plays a crucial role in managing society funds like the sinking fund, maintenance fund, and reserve fund, ensuring their utilization aligns with the society's resolutions and regulatory requirements.

Role and Responsibility of Treasurer in CHS