Apartment Act 2010 and the Model Bye-laws thereunder. – NOFAA

Apartment Act 2010 and the Model Bye-laws thereunder.

In this video find answers to:

-What is Model Bye-laws under the UP Apartment Act?
-Whether Model Bye-laws are to be adopted as it is or amendment can be made?
-Who can appoint an election committee?
-When AGM / GBM can be held for the election of the Board of Management?

  • Who can vote in an election of AOA?
  • Whether the Board will choose Office bearers (President, VP, Secretary etc.) or the GBM will choose?
  • What is proxy voting? whether the same is allowed or not?
  • What is the rule regarding 1/3 retiring members?
    -What is a share certificate?
  • Right to vote by 2nd co-owner?
    -Membership certificate etc.

The discussion revolves around U.P. Apartment (Promotion of Construction ownership and Maintenance) Act 2010 and the Model Bye-laws thereunder.

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