Redevelopment PMC
6. Society Records Updation
Maintaining updated society records is a statutory obligation under the Co-operative Societies Act, Rules, and Bye-laws. During redevelopment, multiple changes occur—member details, flat areas, agreements, approvals, and financial records—making systematic record updation essential.
Our Society Records Updation Service ensures that all statutory and internal records are accurately updated, legally compliant, and ready for audit or inspection.
To maintain statutory compliance
To reflect changes arising from redevelopment
To ensure transparency and accuracy in society data
To avoid audit objections and legal issues
Scope of Our Services
1. Member & Flat Records Updation
We assist in updating:
Member register and ownership details
Flat / shop area details post-redevelopment
Share certificate details and transfers
Nomination records
2. Agreement & Document Records
We organise and update records of:
Development Agreement and PAAA
Registered deeds and statutory approvals
Bank guarantees, indemnities, and undertakings
3. Meeting Records
We ensure proper maintenance of:
Managing Committee meeting minutes
General Body and Special General Body minutes
Resolution registers
4. Statutory Registers & Forms
We assist in maintaining:
Mandatory statutory registers
Compliance-related forms and filings
Audit-ready documentation
5. Financial & Compliance Records
We support updation of:
Corpus and rent disbursal records
Member-wise payment statements
Compliance and correspondence files
Benefits of Proper Record Updation
Compliance with co-operative laws
Transparent and accurate society data
Smooth audits and inspections
Reduced disputes and objections
Efficient society administration
We ensure that all society records are systematically updated, verified, and maintained in compliance with applicable laws and bye-laws, providing long-term administrative stability and legal confidence.