Ans: There is no provision for making any Redevelopment Committee as per the latest Government Circular dated 3^rd Jan, 2009 regarding the Redevelopment of the society building. Further, there is no provision in the MCS Act, 1960 or the MCS Rules, 1961 or in t he Bye-laws of the society. However, many societies do constitute Redevelopment committee who work under the guidance and the direction given by the Managing Committee or the General Body meeting. Since, Redevelopment committee is not responsible and accountable for any decision in the working of the society, they are also not make accountable and responsible under the MCS Act. It is only the Managing Committee who are responsible and accountable, therefore only Managing Committee members have to sign the bonds and there is no requirement of the Redevelopment committee members to sign the bonds.

Source : DNA India

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