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Deemed conveyance within 4 months: Govt

Minister for Parliamentary Affairs Harshvardhan Patil Tuesday said the proposed changes in the Maharashtra Co-operative Societies (97th Amendment) Bill will make it a must for builders to provide the deemed conveyance

Written by Express News Service | Mumbai | Updated: April 9, 2014 2:39 pm

Minister for Parliamentary Affairs Harshvardhan Patil Tuesday said the proposed changes in the Maharashtra Co-operative Societies (97th Amendment) Bill will make it a must for builders to provide the deemed conveyance certificate in four months after housing societies file an application.

The developers have been refusing to issue the certificate to the housing societies across the state. A deemed conveyance is a document executed to transfer the title of land and building in name of the housing societies.

In Maharashtra,there are 88,000 such proposals pending for last several decades. Patil who was replying to a debate on the Bill,which was unanimously passed in the Assembly,said,“The decision will go a long way in providing relief to the housing societies.” Last week,Minister of State for Housing Sachin Ahir indicated they need to expedite the process as very few proposals have come seeking deemed conveyance. The government had invited flak from various quarters for not cracking the whip against the developers. While Patil outlined various other aspects in the Co-operative Bill,he promised more accountability and transparency in the cooperative sector,which includes banks.

The 97th amendment in the State Co-operative Societies was mandated following the decision to streamline the sector and a deadline has been set by the Centre. The purpose was to break the monopoly of individuals who run the sector as private limited business instead of trust.

While the provisions seeking constitution of the board,including the representation of women and backward castes in every cooperative society,have been adhered,they have redefined the clauses related to elections and redefined the term ‘family’. In the earlier act,an official disqualified for corruption charges was not allowed to contest the elections.

Now,the act have been amended to enable the member to contest. The state BJP president Devendra Fadnavis said,“The act has been diluted which defeats the purpose of restoring accountability and transparency.”

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