Legal Question in Administrative Law in India
Sir,
Please advise what is the maximum rate of interest which can be charged by the Housing Society in Maharashtra on delay in payment of maintenance bills by its members.
Please also advise the manner in which interest is being calculated in quarterly society's bills.
With Warm Regards,
B. D. DAGA
Asked on 8/10/09, 1:54 pm
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
You may want to contact the office of R.C.S. in your area for appropriate guidance.
Answered on 8/10/09, 4:32 pm
Seshadri Srinivasan
www.lawconcern.com
It is based on the approved bye-laws.
Answered on 10/11/09, 10:55 pm
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