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Governance Reference Poster

Mayflower Home Owners Welfare Association  |  Regd. No.: SRG/VELLORE/122/2020  |  Est. 01 May 2020  |  Karnambut, Vellore โ€“ 632519
Bylaws 20.07.2021
Amendments
Oct 2024
โ‘  Organizational Structure
๐Ÿ‘ฅ  GENERAL BODY All Home Owners (157 Villas + 90 Plots + Apartments)
๐Ÿ›  EXECUTIVE COMMITTEE (EC) 6 Office Bearers + 6 Area EC Members = 12 Total
โญ 6 Office Bearers  (elected by ALL members)
๐Ÿ‘‘
President
๐ŸŽ–
Vice President
๐Ÿ“‹
Secretary
๐Ÿ“„
Dy. Secretary
๐Ÿ’ฐ
Treasurer
๐Ÿ’ณ
Co-Treasurer
๐Ÿ“ 6 Area EC Members  (elected by their area residents)
๐Ÿ 
Phase I + IA
50 units
๐Ÿ 
Phase II + Crystal
43 units
๐Ÿข
Phase IIA + Emerald + Heights
43 units
๐Ÿ 
Solitaire + Front + Row
44 units
๐Ÿ’Ž
Ruby + Ruby Ext.
45 units
๐ŸŒŠ
Aqua 1+2+3
33 units
๐Ÿ’ผ  ADMIN MANAGER Appointed Full-Time Salaried Employee
โ‘ก Roles & Key Responsibilities
๐Ÿ‘‘ President
  • Overall supervision of Association affairs
  • Chairs all EC & General Body meetings
  • Casting vote in case of tie
  • Approves & signs all EC resolutions
  • Legal representative (sues/is sued)
  • Convenes emergency EC meetings (2-day notice)
๐Ÿ’ฐ Authorises up to โ‚น5,000/- independently
๐Ÿ“‹ Secretary
  • All official correspondence & file management
  • Maintains minutes of EC & General Body meetings
  • Convenes AGM, EGM, and EC meetings
  • Implements all resolutions passed
  • Files returns with Registrar of Societies
  • Co-manages funds & accounts with Treasurer
โœ๏ธ Signs cheques jointly with Treasurer (>โ‚น5,000/-)
๐Ÿ’ฐ Treasurer
  • Receives all money; issues receipts
  • Maintains petty cash up to โ‚น5,000/-
  • Submits monthly Receipts & Expenditure report
  • Maintains cash books, receipt books, vouchers
  • Operates bank accounts (joint signatures)
  • Presents Annual Accounts at AGM
๐Ÿฆ Joint signatory for all payments >โ‚น5,000/-
๐ŸŽ– Vice President
  • Acts as President when post is vacant
  • Chairs meetings if President is absent
  • Assists President in day-to-day activities
๐Ÿ“„ Deputy Secretary
  • Assists Secretary in all functions
  • Acts as Secretary when Secretary is absent
  • Handles correspondence as delegated
๐Ÿ’ณ Co-Treasurer
  • Assists Treasurer in all financial functions
  • Acts as Treasurer when absent
  • Supports accounts maintenance
โ‘ข Key Timelines & Deadlines
๐Ÿ“… Financial Calendar
1 April
Financial Year begins
30 April
Annual Membership Fee DUE
30 June
Grace period ends (10% interest after)
31 March
Financial Year ends
Sep 30
AGM must be held (within 6 months)
Within 3 mo.
EC changes notified to Registrar
๐Ÿ”” Meeting Notice Periods
2 Days
EC Emergency Meeting
7 Days
Regular EC Meeting
15 Days
Extraordinary GM (EGM)
21 Days
Annual GM (AGM)
21 Days
Special Resolution notice
5 Days
EC Minutes ratified & shared
โ‘ฃ Election Process
๐Ÿ—ณ๏ธ Step-by-Step Election Timeline (Every 2 Years)
1
Before 15th May
EC appoints Election Officer(s) & Returning Officer(s)
2
Before 1st June
Election Notification issued to all members
!
15th June (Fallback)
If no notification โ†’ 1/3 members call EGM to appoint officers
3
Nomination filing
One post per member ยท Must be resident (for Area posts) ยท No co-option
4
Voting โ€” SECRET BALLOT
In person only ยท Area EC elected only by residents of that area
โœ“
Before 30th September
Election completed ยท New EC assumes charge
โฑ Term of Office
2 Yrs
Office Bearers
Re-electable once
2 Yrs
Area EC Members
Re-electable once
โ‘ค Approval Processes & Decision Thresholds
๐Ÿ’ณ Financial Approval Authority
Up to โ‚น5,000/-
โ†’
President alone OR Treasurer (petty cash)
Above โ‚น5,000/-
โ†’
Cheque signed jointly: Treasurer + President/Secretary
Corpus Fund
โ†’
General Body + EC approval required
Investment
โ†’
Nationalised/Scheduled banks, Govt. securities
๐Ÿ“Š Audit Authority by Income Level
Up to โ‚น2,500/-
โ†’
2 GB members (10th std. pass)
โ‚น2,500โ€“โ‚น10,000/-
โ†’
2 Graduate GB members (non-EC)
Above โ‚น10,000/-
โ†’
Chartered Accountant (mandatory)
๐Ÿ—ณ๏ธ Meeting Quorum Requirements
Executive Committee
7
of 12 EC members
+30 min wait โ†’ proceed without quorum
General Body Meeting
2/3
of total members
+1 hour wait โ†’ members present form quorum
๐Ÿ“Š Voting Majority Required
50%+1
Simple Majority
Routine decisions, budgets, maintenance
75%
Special Resolution
Amend Bylaws ยท Dissolve ยท Merge ยท Rename
1/3
Member Trigger
Requisition for EGM or demand election
๐Ÿ“Œ Annual Statutory Obligations
Every Month
Treasurer presents accounts to EC
Within 6 mo.
Hold AGM after financial year end
Within 6 mo.
File annual returns to Registrar
Within 3 mo.
Notify EC changes (Form VI-B)
Within 3 mo.
Notify office address change (Form V)
Within 1 mo.
File mortgage/liability details
Annually
Renew society registration
On 3yr lapse
Society may be DISSOLVED (Sect. 44)