Unregistered KAOA Associations Bank Accounts are illegal? As per RBI Guidelines, Banking Laws
By Vidyadhar Durgekar, Advocate/Author/Ex Dy Commandant The Banking Regulation Act, 1949, governs the operations of banks in India. It requires that entities opening bank accounts must have a legal status…
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Cancellation of the Apartment Owners’ Cooperative Societies in Karnataka-A Violation of Fundamental Right
The cancellation of the Apartment owners’ cooperative societies raises a deep constitutional question: can the state — by administrative action or judicial order — wipe out an association that its members…
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DEED OF DECLARATION UNDER KAOA 1972, GRANTS OWNERSHIP OF LAND OF APARTMENT OWNERS TO BUILDER ETERNALLY
According to Section 2 of the Karnataka Apartment Ownership Act, 1972, the Act is applicable only to Properties which have been submitted to the provisions of the Act by the sole owner or all the owners of…
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AN ASSOCIATION FORMED UNDER KAOA 1972 IS NOT A VOLUNTARY CONSUMER : SC
The legal framework governing apartment ownership in Karnataka has long been a subject of confusion, particularly with respect to the status of associations formed under the Karnataka Apartment Ownership…
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WHY UNREGISTERED ASSOCIATION OF KAOA? WHAT ARE ITS MOTIVES?
The Karnataka Apartment Ownership Act 1972 (KAOA) is an Act which came into force on 1st April 1975 with the stated object for providing the ownership, transferability and heritability and provide for…
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THE APARTMENTS CONUNDRUM IN BENGALURU AND THE MESS
My Apartment is My Right Every living being needs a house to live. Human beings lived in caves in the ancient days. Slowly with time they found a solution with various forms of dwelling to come out of the…
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