{"id":7021,"date":"2024-11-11T08:45:47","date_gmt":"2024-11-11T08:45:47","guid":{"rendered":"https:\/\/zipgrid.com\/societysunday\/?p=7021"},"modified":"2024-11-11T08:47:06","modified_gmt":"2024-11-11T08:47:06","slug":"vi-funds-their-utilisation-and-investment-f-bye-law-no-14-a-b-c-d","status":"publish","type":"post","link":"https:\/\/zipgrid.com\/societysunday\/vi-funds-their-utilisation-and-investment-f-bye-law-no-14-a-b-c-d\/","title":{"rendered":"VI. FUNDS, THEIR UTILISATION AND INVESTMENT F bye law no 14 a b c d"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7021\" class=\"elementor elementor-7021\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"has_ae_slider elementor-element elementor-element-f801f0b e-flex e-con-boxed ae-bg-gallery-type-default e-con e-parent\" data-id=\"f801f0b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-31ab52d elementor-widget elementor-widget-text-editor\" data-id=\"31ab52d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<b>MODEL BYE\u2013LAWS OF COOPERATIVE HOUSING SOCIETY<\/b>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0dbaa3 elementor-widget elementor-widget-text-editor\" data-id=\"d0dbaa3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t(F) Utilisation of the Funds by the Society (Bye Law No 14)\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"has_ae_slider elementor-element elementor-element-f03e37b e-flex e-con-boxed ae-bg-gallery-type-default e-con e-parent\" data-id=\"f03e37b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-57b9803 elementor-widget elementor-widget-heading\" data-id=\"57b9803\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Bye Law No 14. <\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"has_ae_slider elementor-element elementor-element-33d739b e-flex e-con-boxed ae-bg-gallery-type-default e-con e-parent\" data-id=\"33d739b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3076d12 elementor-widget elementor-widget-text-editor\" data-id=\"3076d12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe Society may utilise its Funds in the manner indicated below :\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fb2f70 elementor-widget elementor-widget-heading\" data-id=\"6fb2f70\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Bye Law No 14(a) Utilisation of the Reserve Fund<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a043e5 elementor-widget elementor-widget-text-editor\" data-id=\"0a043e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<b>Reserve Fund<\/b>: The Reserve Fund of the Society may be utilised for the expenditure on repairs, maintenance and renewals of the Society&#8217;s property.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57ecf9a elementor-widget elementor-widget-heading\" data-id=\"57ecf9a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Bye Law No 14(b) Utilisation of the Repairs and Maintenance Fund<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6940ace elementor-widget elementor-widget-text-editor\" data-id=\"6940ace\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<b>Repairs and Maintenance Fund<\/b>\u00a0The Repairs and Maintenance Fund may be utilised for meeting the expenditure on maintenance of the Society&#8217;s property and repairs and renewals thereof.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4860d71 elementor-widget elementor-widget-heading\" data-id=\"4860d71\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Bye Law No 14(c) Utilisation of Sinking Fund<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a361f00 elementor-widget elementor-widget-text-editor\" data-id=\"a361f00\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<b>Sinking Fund<\/b>: On the resolution passed at the meeting of the general. Body of the Society, the Sinking Fund may be used by the Society for reconstruction of its building\/buildings or for carrying out such structural additions or alteration to the building\/buildings, as in the opinion of the Society&#8217;s Architect, would be necessary to strengthen it \/ them or for carrying out such heavy repairs as maybe certified by the Architect and on approval of General Body.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9eee428 elementor-widget elementor-widget-heading\" data-id=\"9eee428\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Bye Law No 14(d) Utilisation of Education &amp; Training Fund<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9c7668 elementor-widget elementor-widget-text-editor\" data-id=\"f9c7668\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"left-padding-bye-laws\">\n<div class=\"left-padding-bye-laws\">\n<b>The Education &amp; Training Fund<\/b>\u00a0be utilized as provided under section 24(A) of the Act\n<\/div>\n<\/div>\nUtilisation of all the Funds shall be with the specific prior approval of Society&#8217;s General Body.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>MODEL BYE\u2013LAWS OF COOPERATIVE HOUSING SOCIETY(F) Utilisation of the Funds by the Society (Bye Law No 14) Bye Law No 14. The Society may utilise its Funds in the manner indicated below : Bye Law No 14(a) Utilisation of the Reserve Fund Reserve Fund: The Reserve Fund of the Society may be utilised for the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6427,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[112],"tags":[],"class_list":["post-7021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bye-laws"],"_links":{"self":[{"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/posts\/7021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/comments?post=7021"}],"version-history":[{"count":0,"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/posts\/7021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/media\/6427"}],"wp:attachment":[{"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/media?parent=7021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/categories?post=7021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zipgrid.com\/societysunday\/wp-json\/wp\/v2\/tags?post=7021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}