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I { r T*; v.''d :l ti ')c,i fdlt;,1 iJ iti;t; l,;i i F 1l 11\Y rd( *ritqi') 'ttun. ...',u tt 'Lh q1 r;R st6 lffr ;,;'..,.r',"'t" ....i,."/ rii fifl .,,.,,,..",,"'f' ,,,.,-f.',..r.. t "\ l.l{ h ,r\ I "-)-"" ffiffi'**- Y (ffiffi.( (T8irog6; 'l).. r'llJ !t I hdi !, h ia i.-j!.1 4t ,'R3IsdH' c( qira. {l} itif$i i, u '+ i- ",ti;. ,trtrd. ttt. {tPrdt ) *,*-..-gg 11 \, f.\, a t t.rnj ;i.(;,i.tl{1 -.-i4.tn.'P lttt/ fl .t q DEED OF DECLARATION a! ii tnir DEED OF DECLARATION made and executed on this of September g Christian Year 2018 at Nashik, Tal and Dist, Nashif dS-th Oay $ g $ I $ t !. 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( / s o / t t e t R.27c 7 r"' .1 'frt, / dtqtft { 1r\ Er* S. \ ^2el ( YGgTTY qtaqrm{r& rrcr+ (s{orff rrtre 7Ee'u '6r-- \ J \ qr* ) - .*; YE LAWS OF " H OND HEI NT" CHAPTER - 1 1) SHORT TIrLE AND APPLIGATION These bye laws may be called the Bye Laws of "RICHMOND HEIGHTS - A wing, APARTMENT" the provisions of these bye laws apply to the "RICHMOND HEIGHTS - A wing, APARTMENT". All present or future Apartment ownerS, Tenants, Future Tenants and/or their Employees or any other persons that might use the facilities of the building in any manner or subject to the regulations sets forth in these bye laws. The mere acquisition or rental or taking on license of any of the family units, (hereinafter referred to as the "Units") of the building or mere act of occupancy of the any of the said units will signify that these bye laws are accepted, ratified and will be complied with. 2I PEEINATSNT. 1. ln these bye laws, unless the context requires otherwise- [a] "Act" means the lVaharashtra Apartment Ownership Act, 1970, fbl "Assoeiation" means the association of all the Apanment Owners constituted lry the owners for the purpose of "RICHMOI'ID HEIGHTS - A wi r"r g, APAF+.TF* ENT" Condom in iurn. ;rgq ,*-rY SL, aa'1 ffin( (8 liot,t) E {a 'ffi't .t4{r 4,1 -t t '+ .,u $v ,3 --35 a :1"t sl t [c] "Board" means the Board of Managers consisting of three persons all o who shall be owners of Apartment in the "RICHMOND HEIGHTS - A wing, APARTMENT" Condominium. ldl 'Building" means the building named as "RICHMOND HEIGHTS - A wing, APARTMENT" located on S. No.329/2/1 (CTS No.7714l194) out of the same Plot No. 02, area adm. area adm. 600.21 Sq. Mtrs., situated at Mauze - Pathardi Shiwar, Nashik, Tal & Dist - Nashik, condominium and includes the land forming part thereof. lel "Declaration" means the declaration, which the sole owners of the building or all the owners of the building have executed and registered as provided in the section 2. ffl "lVlajority of Owners" lvleans those owners holding 51o/o of the votes in accordance with the percentage assigned in the declaration. [g] "Owner" or "Apartment Owner" means the person owning an Aparlment in the "RICHMOND HEIGHTS - A wing, APARTMENT" Condominium. lhl "Section" means the section of the Act. [i] "Unit" means the family unit in the "RICHMOND HEIGHTS - A wing, APARTMENT" Condominium. 2) Words and expressions used in these bye laws but not defined therein shall have the meaning respectively assigned them in the Act. 3) APARTMENT OWNERSHIP : The building located at the S. No.329/2/1 (CTS No.77141194) out of the same Plot No. 02, area adm. area adm. 600.21 Sq. Mtrs., situated at Mauze - Pathardi Shiwar, - Nashik, Tal & Dist - Nashik, and known as the "RICHMOND HEIGHTS A wing, APARTMENT" submitted to the provision of the Act. 4) OBJECTS OF ASSOCIATION: 1. The object of the association shall be: (a) To be and to Act as the Association of the Apartment owners of the building called the "RICHMOND HEIGHTS A wing, APARTMENT" situated at S. No.3291211(CTS No.77141194) out of the same Plot No. 02, area adm. area adm. 600.21 Sq. Mtrs., situated at Mauze - Pathardi Shiwar, - Nashik, Tal & Dist - Nashik, (hereinafter called as the "Said Building") who have filled their respective declarations submitting their Apartment to the provisions of the Act; (b) To invest or deposit moneys; (c) To provide for the maintenance, repair & replacement of the common areas and facilities by contributions from the Apartment Owners, and rf necessary, by raising Loans for that purpose; rd) To retain and rent or license if possible, suitable portion of the common areas and to distribute the common profits left after deducting the common expenses amongst the Apartment owners as conlmon profits or accumulate the same for building up a Reserve Fund; (c) To provide for all & do all & any of the matters provided in the Sub Section 2 of the Section 16 of the Act; 2 SUB rhilm$i'.-, V wfl t: ffi ,i ".1,,,. r.r;,;' '2 t-, r.l -t :IITr q{a ffii( @,ti'r;la)\ .ii 'iil.-1"|. lt ncq {h nt of the Aparlment Owners any short t l.f .-4s, n/s ent Owner/s in case of emergent necessity prov ide for the repayment the reof in lumP sum or in installment, (g) To establish and carry on, on its own accounts or jointly with the individuals or institutions, educational, physical, social & recreative activities for the benefits of the Apartment Owners; (h) To frame rules, with the approval of the General fVeeting of the Association & after consulting the Competent Arrthority & may establish a provident fund and gratuity fund, if necessary, for the benefit of the employeeis of the Association; (i) To do all the things necessary or & otherwise provide for their welfare expedient for the attainment of the objects specrfied by these bye- laws2. The Association shall not act beyond the scope of its objects without duly amending the provisions of these bye laws for the purpose 5) MEMBERS OF THE ASSOCIATIONS: (a) All the persons who have purchased Aparlment in the said "RICHMOND HEIGHTS - A wing, APARTMENT"& have executed respective Declarations uis 5 of the Act submitting their Apartments to the provisions of the Act shall automatically be the members of the Association, and shall pay the sum of Rs. 'l (One) as the entrance fee '100/- and may purchase at least one share of the face value of Rs, each if any. Each Apartment Owner shall receive a copy of the bye laws on payment of Rs. 100/- (Rs. One Hundred Only) (b) Upon any Apartment Owner selling his apartment or absolutely conveying the same by way of Gift under his will or otherwise, the Purchaser or Donee shall automatically become a member of the Association & shall be admitted as member on payment of the entrance fee of Rs. '11, or the fees which the association will fix time to time. The shares held by an Apartment Owner selling the Apartment shall be transferred to the name Of the purchaser or Donee on payment of the transfer fee to the Association. (c) On the death of an Apartment Owner, his Apartment shall be transferred to the person or persons to whom he bequeaths the same by his will, or to the Legal Representative of his estate, in case he has not made any specific bequest (of the apartment). The name of the legatee or the names of the Legal Representatives ;olntiy shall be entered in the Register of Apartment owners maintained by the Secretary fcr the purpose of Administration of the "RICHIVIOND HEIGHTS - A wing, APARTMENT" as Apartment owner or .Joint Apartment Or,vners. Where any legatee is a minor. the Apartment owner shall be entitled to appoint a guardian of such rnincr 6) JAINT APARTJENT OWNEtsS I Where an Aoartment has been purchasecj oy tr,vo or more personS jointly, they shall be lorntly entitled tc: the Apartment and the shares of the Association shali be issued in their jolnt names, brlt the person whose name stands first in the Share Certificate shall have the right to vote. Eru'{ffi ,"*_Y SUB. ? . rrtti,... qRil.( 68 ,l",cu) titiii' I ) t" (, .,;; -,,; !e ,.! 2\ a \,, l.)-l t(-l\ 7l Every Apartment Owner must hold at least one Share of the Association [Joint Apartment Owners holding the share/s jointly] 8) DISQUALIFICATlONS; No Apartment Owner shall be entitled to vote on the questions of the Election of the members of the Board or the President, Secretary, Treasurer or any other office bearer or to be entitled to contest an Election to such office, if he is in arrears of any sum due from him in respect of his contributions for common expenses, for more than Sixty days on the last day of the year preceding the year in which the elections to the Board would take place. CHAPTER - II VOTING QUORUM AND PROXIES 9) VOTING :Voting shall be on a Percentage basis and the percentage of vote to which the Apartment Owner is entitled is the percentage assigned to the Units in him Deed of Declaration. 10) QUORUM : Except as otherwise provided in these byelaws the presence in person of a majority of Apartment Owners shall constitute a Quorum. 11) VOTES TO BE CAST rN PERSON : Votes shall be cast in person. CHAPTER - ilt ApMTNISTRATTON 12l POWERS ANp DUTTES OF THE ASSOCIATTON : The Association will have the responsibility of administering the "RICHMOND HEIGHTS - A wing, APARTMENT" approving the annual Budget, establishing and collecting monthly assessments, and arranging for the management of the apartment in an efficient manner. Except as othenvise provided, resolutions of the Association shall require approval by a majority of the Apartment Owners, casting votes in person. 13) PLACE OF MEETING : Meetings of the Association shall be held at suitable place convenient to the Apartment Owners as may from time to time be designated by the Association. 14) ANNUAL MEETING : The first annual meeting of the Association shall be held within a period of two months from the date of the registration of the Declaration Deed. Thereafter the annual meetings of the Association shall be held on the first day of lVay of each succeeding year. At such meetings there shall be elected by Ballot of the Apartment Owners a Board of Managers in accordance with the requirements of bye-laws 23. The Aparlment Owners may also transact such other business of the Association as may properly come before them. l4 H"er -x S I; IJ. t-#,i :a- i tlfut.it I t2 l:1 , r?c) ,).1' qH fi.( d i{*.1 l'tt 4f shall be duty of the President to call a ) m nt Owners as directed by the Resolution a or upon a pet ition signed by a majority of the owners and having been presented to the Secretary, or at the request of the Housing Commissioner, as the case may be, the Registrar or any office duly authorized by him in this behalf. The notice of any special meeting shall state the time and place of such meeting and the purpose thereof. No other business shall be transacted at a special meeting except as stated in the notice without the consent of four fifths of the owners present in person. 16) NOTICE-OJ-MEEIING:- lt shall be the duty of the secretary to-mail or send a notice of each annual or special meeting, stating the purpose thereof as well as the time and place where it is held, to each apartment owners, at least 2 but not more than 7 days prior to such meeting The mailing or sending of a notice in the manner provided in thrs bye law shall be considered notice served. Notices of all the meetings shall be mailed or sent to the Housing commissioner, or aS the case may be, the Registrar. 17) ADJOURNED MEETINGS:- lf any meeting of any owners cannot be organized because a quorum has not attended the owners who are present, may adjourn the meeting to a time not less than 48 hours from the time the original meeting was called. lf at such adjourned meetings also no quorum is present the owners present in person been not less than two shall form a quorum. 18) ORpER OF BUSINESS : The order of business at all meeting of the owners of units shall be as follows: al Roll Call b] Proof of notice of meeting or waiver of notice. cl Reading of minutes of preceding meetings. dl Reoorts of Officers. el Report of the Housing Commissioner or the Registrar or of the officer duly authorized by them if present. fl Report of Committees. gl Election of Board of tVlanagers. hl Unfinished business, if any. il New Business. CHAPTER - IV BOARD OF MANAGERS 19) MANAGEUL@: The affairs of the association shall be government by a Board of fl4anagers. 20) POWERS &jDUTIES OF THE BQARD : The Board of fvanagers shall have the ponrers and duties necessary for the administration of the affairs cf the assoeiation and may do all such acts anC thrngs as are not by law or these bye laws directed to be exercised and done by the owners STJ ) qs[4 -Y qE[t ;". ';a -( G'v3ii'ria) tr 1t d 5;ri,':: i' ,'! {;r a I 9$ -,- 3Y \.{.sl 211 OTHER DUTIES: -ln addition res rmpose d by these bye laws or by resolutions of the Association, the Board shall be responsible for the following that is to say: - Al Care, upkeep and surveillance of the "RICHMOND HEIGHTS - A wing, APARTMENT" and the common areas and facilities and restricted common areas and facilities. B] Collection of monthly assessment from the owners. Cl Designation, employment, remuneration and dismissal of the personnel necessary for the maintenance and operation of the "RICHMOND HEIGHTS A wing, APARTMENT" and the common area and facilities and the restricted common areas and the facilities Dl To provide for the manner in which the audit and account of the association shall be carried out. El To inspect the accounts kept by the secretary and/or the treasurer and examine the registers and account books and to take steps for the recovery of all sums due to the association. F] To sanction working expenses, count cash balance and deal with other miscellaneous business. Gl To see that the cash-book is written up promptly and is signed duly by one of the members of the Board authorized in this behalf. Hl To hear and deal with complaints. 22l. MANAGER:- The Board may employ for the association a Manager at a remuneration determined by the Board to per-form such duties and services as the board shall authorize including but not limited to the duties listed in the bye-law 21. 23) ELECT]ON & TERM OF OFFICE: - At the first annual meeting of the Association the term of the office of two Managers shall be fixed for three years. The term of offlce of two Mangers shall be fixed at one year. At the expiration of the initial term of office of each respective lVlanager, A successor shall be elected to serve a term of three years. The lManager shall hold office until their successors have been elected and hold their first meeting. (lf a larger Board is contemplated, the terms of office shall or should be established in a similar manner so that they will expire in drfferent years). 24l. VACANCIES : - Vacancies in the Board caused by any reason other than the removal of a manager by a vote of the association shall be filled by vote of the majority of the remaining managers, even though they may constitute less than quorum and each person so elected shall be a manager until a successors is elected at the next annual meeting of the association. 25) REMqVAL OF MANAGERS :- At any regular or special meeting duly called any one or more of the managers may be removed with or r.;irhout cause by a majority of the apartment owners and a successor may ihen and there to fill the vacancy thus created. Any manager whose removal has been proposed by the owners shall be given an opportunity io ce heard at the meeting. .t(N t6 flll4liElf't6 +'r . "'..lt:.',, rfi,{-rl *"t rffis+- /t1 I . rli" qftm ( @ ii"''- - The first meeting of newly elected Board shall be held within ten days of election at such place as shall be fixed the managers at the meeting at which such managers were elected and no notice shall be necessary to the newly elected managers in order legally to constitute such meeting, provided a majorrty of the whole board shall be present 271 REGULAR MEETING :- Regular meetings of the Board may be held at such time and place shall be determined, from time to time by a majority of managers, but at least two such meetings shall be held during each year. Notice of regular meetings of the board shall be given to each manager, personally or by mail, or by telegraph, at least three days prior to the day named for such meeting. 281 SPECIAL MEETING :- Special meetings of the Board may be called by the President on three days' notice to each Manager, give personally or by mail or telegraph, which notice shall state the tirne, place ( as hereinabove provided) and purpose of the meeting. (Special meetings of the Board shall be called by the President or Secretary in lrke manner and on like notice on the written request of at least three [Vlanagers 29) WAIVER OF NOTICE:- Before or ay any meeting of the Board, any manager, may, in writing, waive notice of such meeting and such waiver shall be deemed equivalent to the giving of such notice Attendance by a lVlanager at meeting of the Board shall be a waiver of notice by him of the 1me and place thereof. lf all the Managers are present at a meeting of the Board, no notice shall be required and any business may betransacted at such meeting. 30) QUORAM:- At all meetings of the Board 113 of the total strength of the Managers shall Constitute a quorum for Managers present at the meeting at which a quorum ls present shall be the acts of the Board. lf at any meeting of the Board there shall be less than a quorum present, the majority of those present may adjourn the meeting, from time to time any business which might have been transacted at the meeting as originally called may be transaction without further nottce, provided there is a quorum present 31) ftD-EtllY*EONDS:- The Board may require that all offrcers and employees of the association handling or responsible for association funds shall furnish adequate fidelity bonds. The premrums on such bonds shall be paid by the association. CHAPTER - V OFFIC-ERS 3211 DESIQNATION:- The Principal Officers of the Association shall be a President, a Vice President a Secretary and a Treasurer all of whom shall be elected by and form the Board. The Board may appoint an assistant Treasurer and an Assistant Secretary and such other officers as in their HE t @ -Y I 0 ? ) {su $- 2e_ -- 3ry t K-t{ judgment may be necessary. (ln the case an association One owners or less, the officers of Treasurer and Secretary, may be filled by the same'person). 33) ELECTION pF OFFICERS : - The officers of the Association shall be elected annually by the Board of the organization meeting of each new Board and shall hold officers at the pleasure of the Board. 34) REMOVAL OF OFFICERS : - Upon an affirmative vote of a majority of the members of the Board any officer may be removed either with or without cause and his successor elected at any regular meeting of the Board or at any special meeting of the Board called for such purpose. 35) PRESIDENT:- The President shall be the Chief Executive Officer of the Association. He shall preside at all the meetings of the association and of the Board. He shall have all of the general powers and duties which are usually vested in the office of president of an association, including, but not limited to the power to appoint committees from among owners from time to time as he may in his discretion decide to be appropriate to assist in the conduct of the affairs of the association. 36) VICE PRESIDENT :- The Vice President shall take the place of the President and per-form his duties whenever the President shall be absent or unable to act. lf neither the President nor the Vice President is able to act, the Board shall appoint some other member of the Board so to act on an interinr basis. The Vice President shall also perform such other duties as shall from time to ttme be imposed upon him by Board. 37) SE9RETARY:- The Secretary shall keep the minutes of all meetings of the board and the Minutes of all the meetings of the Association, he shall have charge of such books and papers as the Board may direct and he shall, in general, perform all the duties incidental to the office of the Secretary, 38) TREASURER:- The Treasurer shall be responsible for the Association funds and Securities and shall also be responsible for keeping full and accurate accounts of all the receipts and disbursements in books belonging to the association. He shall be responsible of the deposit of all money and other valuable effects in the name and the credit and the association in such depositaries as may from time to time be designated by the Board CHAPTER - VI OBLIGATIONS OF THE APARTMENT OWNERS 39) ASSESSEMENTS:- The all Apartment Owners are obliged to pay monthly assessments imposed by the Association to meet all expenses relating to "RICHMOND HEIGHTS - A wing, APARTMENT" which may include an insurance premium for a policy to cover repair work and reconstruction work In case of hurricane, fire, earthquake or other hazard or calamity. The assessments shall be made pro-rata according to the value owned, as stipulated in the declaration. Such assessments shall hN l8 | !i| {l- !7 *,.*"'tf lt Wffiffi "(# ;[ ',:;:ill, 1rtd, d .1, i ?,:r{d} iltu'i-.r {) qm si-( .-'\ yme General Operating Reserve Fund and a F nd ts I 40) MAINTENANCE AND REPAIR:- a] Every Apartment Owner must perform promptly, all maintenance repair work within his own unit, which if committed would affect the "RICHMOND HEIGHTS - A wing, APARTMENT" in entirely or in part belonging to other owners, belng expressly responsible for the damages and Iiabilities that his failure to do so may endanger. bl All the repair of the internal installation of the unit such as water, light. gas, power sewage, telephones, air-conditioners, sanitary installations, doors, windows, lamps and all other accessories belonging to the unit area shall be at the expenses of the apartment owner concerned. C] An apartment Owner shall reimburse the Association for any expenditure incurred in repairing or replacing any common areas and facility damaged through his fault. 41) USE OF FAMILY UNITS-INTERNAL CHANGES: al All units shall be utilized for the purpose specified only b] An owner shall not make any structural modifications or alterations in his unit or installation located therein without previously notifying the association in writing, through the President of the Board if no manager is employee. The Association shall have the obligation to answer within thirty days and failure to do so within the stipulated time shall mean that there is no objection to the proposed modifications, alteration or installation. 42) USE OF COMMON AREAS AND FACILITIES & RESTRICTED COMMON AREAS & FACILITIES: al An Apartment Owner shall not place or cause to be placed in the lobbies vestibUles, Stain/vays, elevators and other areas of ,,RICHMOND HEIGHTS - A wing, APARTMENT" and facilities of a similar nature both common and restricted, any furniture, packages or objects of any kind such areas shall be used for no other purpose than for formal transit through them. bl The "RICHMOND HEIGHTS - A wing, APARTMENT" shall have one Elevator devoted to the transportation of Apartment Owners, family members of the Owners. Residents and their guiests, tenets. 43) RIGHT OF ENTRY: al An Apartment Owner shall grant the right of entry to tlre lt/anager or 9 t-'t -?, tittt-T.t'j 'l 'iW I {y o ) '& !! y1./) __ -3) .! a i* a tK- to any other person authorized by the Board or the ssociatio case of an emergency originating in or threatening his unit, whether the owner is present at the time or not. bl An Aparlment Owner shall permit other owners, or their representative when so required to enter his unit for the purpose of performing installation, alterations or repairs to the mechanical or electrical services provided that requests for entry are made in advance and that such entry is to time convenient to the owner. ln case of an emergency, such right of entry shall be immediate. 44t' RULES OF CONDUCT: al No resident of the "RICHMOND HEIGHTS A wing, APARTMENT" shall post any advertisement or posters of any kind in or on the building except as authorized by the association. b] All the residents shall exercise extreme care about making noises or the use of the musical instruments, radios, televisions and amplifiers that may disturb others, residents keeping domestic animals shall abide by the [t/unicipal Sanitary bye laws or regulations, cl lt is prohibited to dust rugs, bed-sheets etc by beating on the exterior part of the said apartment. lt dl is prohibited hand garments, rugs etc. from the windows baleonies or from any of the faces of the "RICHMOND HEIGHTS - A wing, APARTMENT". lt el prohibited throwing garbage or trash outside the disposal installations provided for such purposes in the service areas. lf such installation not provided all garbage or trash shall be collected in a vessel and thrown in the municipal dustbin. fJ No Apartment Owner, resident or lessee shall install wiring for electrical or telephone installation television antenna, machines or air conditioning units, etc on the exterior of the "RICHMOND HEIGHTS A wing, APARTMENT" or that protrude through the walls or the roof of that except as authorised by the association, CHAPTER - VII FUNDS AND THEIR INVESTMENTS 4s) FUNDS The association in all or any of the following ways may raise funds namely: 1l by shares 2J by contributions and donations from the apartment owners. 3lfrom common profits which shallform the nucleus of the reserve fund. 4] by raising loans, if necessary subject to such terms and conditions as the associations, with the approval of the Competent Authority may determine in his behalf. N\ 20 St,,l- rfiffl -' "r*.4*s st0fit rEEEryP'{{d'1F- -{i:i -h' th*Jl d .t, (! ,1r..,i.' ffir; ( t f.r' %\ '.. .t \\. &*.,*""'- -Ttr'e dsso atio or dlposit its funds in one or more of the owrng :- 1l ln any Nationalised Bank such as State Bank of lndia as decided by the meeting. 2) ln any of the securities specified in the section 20 of the lndian Trusts Act,'1 882 3] ln lndian Post Office, and Central Government Securities, such as National Savings Certificates etc. other than those referred to in clause (a) of this bye laws or in any banking company approved for this purpose by the association. 47) AFFILATION: There should be any Federation of Apartment Owners/Apartments in the locality in which the said "RICHMOND HEIGHTS - A wing, APARTMENT" ls situate, at the association may, after consulting the competent authority, become a member thereof and pay the sums from time to time payable to such federation under the rules thereof. 48) ACCOUNTS 1l A banking account shall be opened by the Association in any suitable Nationalised Bank or Private Bank decided by the meeting into which all moneys received on behalf of the association shall be paid, provided that the Secretary, may retain in his personal custody an amount not exceeding Rs. 100/- shall be made by Cheque signed by the secretary and one member of the Board. 21 Each Apartment Owner shall have a pass book in which the secretary shall enter amount paid to be or received for his share in receipts of profits from Common area and contribution towards common expenses and his Share of asseSSment and other dues, rf any, in respect of his apartment. 3l The association shall on or before the 3'1st July in each year publish an audited annual financial Statement in respect of the ccmmon areas and facilities containing: al The Profit & Loss Account bl The receipts and expenditure of the previous financial years, cl A summary of the property and assets and liabilities of the common areas and facilities of the association giving SUCh p6rticulars as will disclose the general nature of these liabilities and assets and how the value of fixed aSSetS has been arrived al, 4) The audited financial statement shall be open to the inspection of any member of the association during office houi's and in the of'fice of the association and a copy thereof shall be submitted to the competent authority not later than l sthAugust every year. ,r€H *Y siu .? FEt @lioqal .L I ''i',,i-lil* ltr*t F,, t" ai r :li tE __..t3Y I I tit .rstKl\ t 5l Every financial statement shall be accompanied by a complete list of the Apartment Owners. There shall also accompany the financial statement in a similar list of loans. The financial statement shall state up to what date profits and expenses of common areas are included. 49) PUBLICATION OF ACCOUNTS AND REPORTS:A copy of the last financial statement and of the report of the auditor, if any, shall be kept in a conscious place in the office of the association. 50) APPOINTMENT OF AUDITOR: The Association shall appoint at its general meeting an Auditor who shall audit the accounts of the association to be prepared by the Board as hereinabove provided and shall examine the annual return and verify the same, with the accounts relating thereto and shall either sign the same as found by him to be correct, duly vouched and in accordance with law, or specially report to the association in what respect he finds it incorrect, untouched or not in accordance with law. 51) POWERS.OF AUDITOR: The Auditor shall be entitled to call for examine any papers or documents belonging to the association relating to the common areas and facilities (including limited common areas and facilities) and common expenses and shall make a special report to the association upon any matter connected with the accounts which appears to him to require notice. CHAPTER - VIII MORTGAGES 52l- NOTICE TO ASSOCIATION : An Apartment Owner who mortgages his units shall notify the association through the Manager, if any or the President of Board, in the event there is no manager, the name and address of his mortgagee and the association shall maintain such information rn a book entitled "fVortgagees of Units". 53) NOTICE TO UNPAID ASSESEMENTS : The Association shall at the request of the mortgagee of a unit repoft any unpaid assessment due from the owner of such unit. CHAPTER - IX COMPLIANCE 54l' COMPLIANCE : These b ye laws are set forlh to comply with the requirements of the Maharashtra Apartment Ownership Act, 1970. ln case any of these bye laws conflict with the provisions of said Act, it is hereby agreed and accepted that provisions of the Act will apply. 55) SEAL OF THE ASSOCIATION: The Association shall have the common seal which shall be in the custody of the Secretary and shall be used only under the authority of resolution of the board and every deed of rnstrument to which the seal is affixed shall be attested for or on behalf of the association by two members of the Board and the secretary or any other person authorlzed by the association in this behalf. 22 CHAPTER _ X AMENDMENT TO PLAN OF APARTMENT OWNERSHIP 56) AMENDMENT OF BYE LAWS: These bye laws may be amended by the association in a duly constituted meeting for such purpose and no amendment shall take effect unless approved by the Apartment Owners representing at least 75 percent of the total value of all the units in the "RICHMOND HEIGHTS - A wing, APARTMENT" as shown in the Declaration. 5[ fltflfrritu,rffit-tr ,j *-"'s rf, # * 5 d! qfi ffi.i 6''9!:';'" I '*4i fl; !i*I.! 'n+ t i.'I t isrorr# \.,r SI Hdiut ig,PENt}*ilEilTACCOilNT$UtrilSgR fta oFfffizD J w tFl '.|{lItE i l .m*.f$wmW+rymte,tSYtmEWrED i D trltE/T{ifi,ffi /DAIE Of I!'I&OSFORATIOHJFORI$A'EN l s FA 06.08-{9S{ fr4{4 ii t, UIE iiL. qrryfttrm (mffi) j t: I uruiorof, .oF. Naafi t r 4 t-s.Y'sE$s) i ,l $t' ;rF['4-X sii...r:, ,,1 qHF.i @ f, rJ i.ll rlj (i /toqc) {a '.J--irl t! 3I t , t Department of Stamp & Registration, Maharashtra Receipt of Document Handling Charges Date 2810912018 PRN 2809201 807145 jitendralha.kkar Received from lihun denar- pratap marketing pra. li. tarfe da]1e.k!ar gaurav tarfe vi.moo ravindr somnath pa'bale, Mobii-e'number 9822871125, an amount of Rs.720l-, I to be registered(iSAR|TA) in the Sub towards Document ff anOling Charges ior the Document Registrar office Joint S.R.Nashik 4 of the District Nashik' Payment Detalls 8.nk Hame CBIR Date 28109120'18 633602523 6.*r di 10OO4152018092805660 REF No. 1 Ti-is ,s ccrnpurer gienerated receipt, hence no signature is required. irr,,i:trl'.'-1r,;, i.',: ,.ii i ..1. ,ii,i r ..i "; ' ;.. t: : '.,.,, :| .. 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