JCT Associates Pvt. Ltd.

Transparency & Informed Member Consent in Redevelopment

Disclosure of the Developer Due Diligence Report in a General Body Meeting (GBM / SGBM) is a critical step to ensure transparency, informed decision-making, and collective responsibility during redevelopment. Proper disclosure helps members understand the financial strength, credibility, and past performance of the proposed developer before granting approvals.

Our Due Diligence Report Disclosure Service assists societies in presenting, explaining, and documenting due diligence findings in a clear and compliant manner during the General Body Meeting.

Purpose of Due Diligence Disclosure

• To ensure transparency in developer selection

• To enable members to make informed decisions

• To reduce future objections and disputes

• To comply with good governance and statutory expectations

Scope of Our Services

1. Preparation of Member-Friendly Summary

We convert technical due diligence findings into:

• Simple, easy-to-understand summaries

• Key highlights and risk observations

• Clear strengths and caution points
  
  

2. Presentation in General Body Meeting

We assist in:

• Structured presentation of due diligence findings

• Explanation of financial standing and project track record

• Clarifying member queries during the meeting
  
  

3. Disclosure of Key Parameters

The following aspects are clearly disclosed:

• Developer’s financial capacity overview

• Completed and ongoing project experience

• RERA and regulatory compliance status

• Risk observations and safeguards
  
  

4. Alignment with Meeting Agenda & Resolutions

We ensure that:

• Due diligence disclosure is part of the agenda

• References are included in meeting discussions

• Resolutions reflect informed member consent
  
  

5. Documentation in Minutes of Meeting

We assist in:

• Proper recording of disclosure in the minutes

• Mention of documents presented and explained

• Creating a clear audit and legal trail

Benefits of Due Diligence Disclosure in GBM

• Transparent and accountable decision-making

• Informed consent of members

• Reduced scope for future disputes

• Strong governance and compliance record

• Confidence in redevelopment approvals

Our Assurance

We ensure that due diligence reports are clearly disclosed, properly explained, and correctly documented in General Body Meetings, strengthening member confidence and protecting the society’s redevelopment decisions.