Draft housing rules in Maharashtra allow virtual AGMs, ease norms
MUMBAI: Heirs of deceased cooperative housing society members may soon be allowed to attend general body meetings as ‘provisional members’ or nominees, according to the new draft rules for cooperative housing societies released for public feedback. However, such members will not be granted voting rights until they legally establish ownership of the property. In a push toward digital inclusion, the draft allows virtual participation in annual general meetings (AGMs). Still, a quorum of two-thirds or 20 members, whichever is less, remains mandatory. If a meeting is adjourned due to lack of quorum, it can be reconvened within 7 to 30…