Apartment Complex With Only Residential Flats To Be Registered Under Apartment Ownership Act Not Cooperative Societies Act: Karnataka HC
Bangalore; The Karnataka High Court has held that to manage and maintain an apartment complex consisting of only residential flats, the association of owners has to be registered under the Karnataka Apartment Ownership Act, 1972, and not under the provision of Karnataka Co-operative Societies Act, 1959.A single judge bench of Justice Anant Ramanath Hegde said “Admittedly, the project referred to above is a residential housing project. There is no commercial unit in the said project.A writ petition filed by some residential owners in the DS Max Starnest residential complex. It directed the Registrar of Co-operative Societies not to register a co-operative society to manage the housing complex.It also revoked the permission to raise share capital by members. The court directed bu...
