B 蒻平 イ( I P appoint committee from including , but no limited to, the power of he may in his discretion among the owners from time to time as decidedtobeappropriatetoassistintheconductoftheaffiarsof theAssociation. 36) Vice- President place of the president and The Mce- President shall take the presiclent shall be absent or un- perform his duties wheneverthe able toact. ltneitherthe president northeVice- President is able of the Board so ヽ ;rJ;;oard shall appoint some other member toactonallinterimbasis.ThoVice-Presidentsha]lalsoperform suchotherdutiesasshallfromtimetotimebeimbSseduponhim by the Board- 37) Secretary ' Board minutes of all meetings of the The secretary shall keep the he shall have ;;;;;,,inutei'of aiimeetinss of the Association ' papers as the Board may direut arrd chareges of such books and heshallingeneralperformallthedutiesincidenttotheofficeof secretary. 38) Treasurer for Association founds and The treasurer shalt be responsible shatl also be resoponsible for keepi:n]:l 'no '* ;;;";;nd belong- し and disbursement in books curate accounts of all receipts deposit of all shall be responsible for the ing to the association' He the name and to the credit' moneys anO otnerLluable "O"tll to time be depositaries as may from time of he Assciciation in such desi Onat ed byt h「 B° a: : APi LRV: / 3s) imposed o, o1 fiffiJ:llu onrig.a to pay monthry assessment 二 l l I: ihe Associatiori to meet all expenses relating to the.,SITARAM SADAN-I AP.ARTMENT " condominium which may include an insurance premium for a policy to cover repair and reconstruc- tion work inn case of hurricane, fire, earthquakeor other hazard or calamity. The assessments shall be mqde prorata according to the value of the unit owned, as stipulated in the declaration. such assessment shallinclude monthly payments to a General Operating Reseve and Reserue Fund for Replacement. 40) Mai nen: l ance and r epai r l ) Ever y Owner muSt per f Or m pFOmp‖ , al i mai nt enance and r epai r ヽ ″ WOr k wt t hi n hi s oWn uni t , whi ch i s onl i t t ed woul d af Fect t he Si TARAM SADAN‐ l APARTMENT"C6nl omi ni um i n ent t r el y or i n a par t bei ongi ng t o ot heF OWneFS, l ei り g expr 6SSi y FeSpOnsi bl . e f or t he damage and l ai bi l i t i 9S t hOt hi S f a‖ ur et O dO sO may endan― gen 2) All the repairs of intemal installation'of the unit such as water, light, gas, power, sewage, telephone, air - conditioner , sanitary installation doors, window, lamps anb all other accessories be- longing to the unit area shall be at the expense of the apartment ownerconcemed. 3) An owner shall reimburse the Association for any expenditure incured in repairing or replacing any common area and facitities damage through his fualt. 41) Use of Family Units 1) All Family units shalt be utirized for residential purpose onry. 2) A.n o\r.'ne!'shall not make any structural rnodifications or alteraticns / inhis unit installations located therein without previouty notifiTing thehssociation in writing , through flre president of the Board in no Manager is employed. TheAssociation shallhave the obliga. ‐ 蜜￨11. ′々 q ・ l e, ミ うわ Qヽ 一ヽ 9 (23) tion to answer wthing t hirty days and failure to do so within the stipulated time shallm ean that there is no objection to the pro- posed modifi cation, alte rration or installation. 42) Use of Common Areas and Facilities and Restricted Gommon , Area and Facitities.' 1) An owner shall not Plarie or cause to be placed in the lobbies, vestibules, stairwaYs, t:levators and other areas of " SITARAM SADAN-I APARTMEN T " Condominium and facilities of a similar nature both common a nd restricted , any furniture or objects of any kind. Such areas slrall be used for no.other puiilose than for normal trasit through th em- : ; : 43) Right of Erttry 1) An owner shall grant th e right of entry to the Manager or to any other Person athorized by the Board or the Association in case of I any emergency originat ing in ortheratening his unit' whether the owner is Present atthe time oi not. An ownershallPermitot her owners, or their representatives when so required , to enter hisi unitforthe purpose of performing instal- lation, alterations or rellairs to the mechanical or electrical ser- vice, provided that requt:st for entry are made in advance and that ν such entries is at time c<>nvenient to the owner. ln case of emergeneies , such right of entry shall be immediate . Rules of Conduct つ No resident of the " SlTl \RAM SADAN-I APARTMENT "Condo- minium shal!Post anya dvertisement or posters of any kind in on the building excePt as a uthori2ed bYtheAssociation. ,/ ' Resident shal exercise e xtreme extreme care about making noise or the use of musical intt'uments, radios, television and amplifires that maydisturb others. Ilesidents keeping domestic animals shall abide by the MuniciPal s;anitary bye- laws'or regulations- ´1‑ ‐ :: : ■ 11 l I I I ・ I 了 : 「 i 11l N. I i l 「FF下丁r ‐ : T] 丁 1■ 111手 l ' 「「 1‐ 叩 蠍 里 ミs̲̲f ０一 It is prohibited to hang garments , rugs. etc. from the windows balconies. orfrom any of the facades of the " SITARAM SADAN- 1 APARTMENT " Condominium. 4) It is prohibited to dust, rugs etc. from the windows or to clean rugs etc.,by beating on the exterior paftof the said condominium. ｒ０ It is prohibited to throw garbage or trash outside tlre disposal in- stallations provided for such purpose in the service areas. lf such installations are rrot provided , all garbage or trash shall be col- lected vessel and ttrron in the Municipbl dust-bin. 6) No owners , resident or lessee shall.installwiring forelectrical or telephone installation, television antena, machineS or airconditioning ▼ units, etc. on t he exteriorof the " SITAFIAM SADAN-1 APART- MENT " Condominium or that protrude through the walt or the roof of that con,iominium except as authorized by ihe,Associa- tion. CHAPTERVII FIJNDS AND THEIR ]NVEFJMENT 45) Funds Funds may be raised by the Association in all or any of the follow- ing ways, namely:- a) by slrare; b) Bycontlibutions and donation from the aparlmentowners. C) From common profit which shallfrom the nucleus of the Reserve fund. d) By.raising loans; in necessary , subject to such terms and condi- tions as the Association with the approval of the Competent Au- thority, maydetermine in his behalf. i 46) tnvestment The Association may invest or deposit its funds in one more of the Following:- ln the Cehtral Co-Operative bank or in the state co- operative Bank or b) in any of the securities specified in section 20 of the lndian Trusts Aaf 'l Rf,l2' ar 111111‐ 111: 111: 1‑ 111 ヽ型州 が ア︺ 翡 c) ln any co- operative Bdnk other than those referred to in clause (a)ofthisbye-laws;orinanyBankingcompanyapprovedfor this purpose bY the Association. 471 Affiliation Should there by any federation of apartment owners in the locality iN WhiCh thE.. STTARAM SADAN-I APARTMENT " CONdOMiNiUM is suitable, the Association may, after consulting the competent authority, become a memberthereof , and paythe sums form time payabte to such federation under the rules thereof' 481 Accounts 1) A Banking account shall be by the Association into which :o:n"d allmoney received on behatf of theAssociation , shall be paid all pro- nloney received on behalf of the Association, shall be paid an vided that the secrdtary may retain in iris personal cosiody amountnotexceedingRs.l00Aforpettyexpenses.Allpayment aboveRs.2Ol-shallbebychequessignedbytheSecretary,and 2)Eachapartmentowner:shatthaveapassbookinwhichtheSecre- re- tary shall enter amourtts paid to or received for his share in celpts of profits from common areas and contributions towards dues, , common expenses, and his share of assessment and other if anY, in resPect of his aPartment' publish an 3) The association on or before 7th March in each year audited annual financial statement in respect of the co!'nmon areas and facilites containing :- a) The profit and loss account; b) The receipts and expenditure of the previous financial years; and a summaD 4tn.property and assests and howthe value of fixed assets has been airived at. 4) The audited financial statement shall be open to the inspection of any member of the Association during office hours and in the ■ ｀ T=「 111● l i r =「 TF■ ■ ■ 1' I t i 「 11 一一 ・ 一 '.r1ili ′ l や ll@trlffi,mlB lrwliw## j .""*t * #;"" and a copy thereof, shall be submitted to the comPeterrt authoritY. 5) Every financial statement shall be accompaniecl by a conrplete list of the apartment owners. There shall also accompany the financial statement a similar list of loans. The Financial staternent sirall siate up to what sate profits and expenses cf common t*, ;1;e in- cludecl. . 49) Publication 6f Accounts and Reports A copy of the last financial statement and of the report of auditor, if any shatl be kept in a conspicuous place in the office of the Asso' ciation. tr0) TheAssociation shail appoint at its generalmeeting an auditorwho shall ar-rdit the accounts of the Association to be prepared by tlte l Boarcls as here in before provided and shall examine the annual return , anci verify the same, with the accounts relatirrg thereto and shall eitlrer 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, un-vouched or not in ac.cordance with law. 151) The Auditor shall be entitled to callfor and examine any papers or docurnents belonging to the Association relating to the common areas and facilities, ( including limited common areas and facili- V ties) 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. CHAPTERVl i l ︑ MORTCAGES ︱︱︱︱︐ ⁚︱︱１１１１１１１１１ 521 Notice of Association An owner who mortgages his unit, shall notify the Association I I ' I I 111ギ = 准ｆ卜︺ 彬 throughthereManageis,ifanyorthePresidentoftlreBoardin theeventthereisnoManagerlthenameandaddressofhis mortgagee;andtheAssociationshallmaintainsuchinformationin a book entitled "Mortgagees of Units"' 53) Notice of unPai.d Assessments of a unit report The Association bhall at the request of a mortgagee any unpaid.assessments due from the owner of such unit' CHAPTER IX COMPLIANCE 54) ComPtiance the requirements of the These bye- laws are foith to comply with any of Maharashtla Apartment Owenership Act' "1: '" "::: thesebye-lawsconflictwiththeprovisionsofthesaidAct,itis herebyagreedandacceptedthattheprovisionsoftheActwill apply. 55) Seal of the Association sealwhich shall be in the The Association'shall have a common used only under the au- custody of the Secretary ' and shatl be deed of itrstrument to thority of a resolution of the Board and every whichthesealisaffixedshallbeattestedfororonbehalfofthe and the Secretary of Association bytwo members of the Boarcl anyotherpersonauthorizedbytheAssociatoininthatbehalf. CHAPTER X V ち6) AmendmentofBYe-Laws the 'Association' in duly These bye - laws may be amended by and no amendment shall constituted meeting for such purpose representing at least 757o taXe ettect unless approved by owners of the total vatue of all units in the " STTARAM SADAN-1 APART- Declaration' MENT "Condominium as shown in the of the said agreement Now this witnesses that in pursuance : F l l 「 : 11■ 聯 町 市 l■ ニー ー/― ̲ミ ̲̲ヽ ̲̲〜 ̲̲ 量 登̲菫ュI = ― l″ ( 28) and in considei'ation of the premises the Grantor/owner hereby transfers by way of sale and conveys unto the purchaser alt that piece of land described above to have and to hotd the same unto to said purchaser absolutely and for ever. ln witness vrhereof the said Grantor/owner has executed this deed in favour of the.{Said purchaser byway of furtherassurance. 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