India, Sept. 30 -- The Bombay high court has ruled that courts cannot interfere with policy decisions taken by the general body of a co-operative housing society merely because some members disagree with its financial reasoning.
Justice Amit Borkar, in an order last week, said resolutions of the general body can only be struck down if they are illegal or violate statutory provisions. "Judicial scrutiny cannot extend to reviewing the merits of economic wisdom of the general body," he observed.
The court was hearing a petition filed by Nyati Environ Cooperative Housing Society in Pune. The society had challenged orders of the Cooperative Court and the Cooperative Appellate Court, which had restrained it from implementing a resolution pass...
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