Hullo Friends,
Have you given money to the "green mansion welfare society" towards a residential apartment in P2 zone of Delhi?
Are you planning, to give them money?
I used to be a member in this society, and i took back my entire money from them after a few months, as i was highly disappointed with their lack of transparency that i felt.
I have recently reviewed an electronic copy of the "Memorandum of Association of Green Mansion Welfare Society registered in Delhi dated August 2013 with the seal and stamp of the registrar of societies" this was emailed to me, at my insistence, by the sales person who sold me this "membership".
This document carries the name, address and signature of all the office bearers.
I am technically unable to attach this 14 page PDF document here, so i have taken a screen shot of just a few pages and trying to upload here, or I can email you a copy.
Some of the clauses in this copy, that bother me, are as follows:
1. The governing body will be elected by all the members for a term of Three years. (have you ever been asked to elect a new governing body since year 2013?)
2. The secretary will arrange to hold the general body meeting regularly every year, and notify the members minimum 10 day in advance to attend the same. (have you been receiving this invite to the annual GBM?)
3. The governing body can expel or terminate your membership if you don't attend three consecutive general body meetings. (have they asked you to attend any meetings till now?)
4. The accounts of the society shall be audited by a chartered accountant every year. (has the society ever send you the minutes of meeting of any GBM, or the statement of accounts?)
5. No member will have any personal claim whatsoever on the movable properties of this society. (whaaaat?).
6. If this society is dissolved for any reason, the immovable and other assets will be transferred either towards the goals of this society or to the government. (whaaaat?)
Finally, i am concerned that this society has shut down its original website
www.greenmansionsociety.com and started a new one called
www.gmws.in that also talks about "transparency" etc, like the original website.
Moreover, this new website says that the society has acquired six acres of land in Zone P2 Delhi, whereas i have an authentic email sent to me in November 2013 by Mr Abhishek Mehta, then secretary, still associated, wherein he says that they have acquired six acres of land in Zone P2.
So, my question is, they had already acquired six acres land three years ago, and even today they have only six acres of land in Zone P2, so i would be alarmed if any more members have joined this society and paid the "Land cost", after November 2013, because it is clear that they have purchased no more land banks after year 2013.
So, if they have gathered more members and taken land cost from them after year 2013, then are they earning interest on that money, or what?
I have many other concerns and suspicions here, so, i urge all of you to obtain the certified copy of the rule and regulations governing the formation, function and scope of this society, from the registrar's office.
I had that time got carried away and paid these men mord than Rs 10 Lakh for "Land" cost, Rs 900 per feet.
I soon realized that i was not dealing with the kind of people that i am comfortable with, so i took back my money, and got out. and thankfully for them they did not try acting too funny with me.
Be safe, not sorry, it is your money, look for inconsistencies, trust your own heart, and none else.
Cheers
