AIMS AND OBJECTS OF THE HSTOA

The main objects of the HSTOA shall be:

a. To act as an HSTOA of Apartment Owners of the buildings known as HEERA SWISS TOWN, who have filed their Declarations in such a manner as to protect the legitimate rights, privileges and interest of all its Members, with prejudice, or favour to none;

b. To provide for, and do all or any of the matters as laid down in these bye laws;

c. To represent the HSTOA before Government and other authorities for any common purpose, which may impact the members monetarily or otherwise and take all such steps as may be necessary in this regard.

d. To represent the HSTOA in all matters pertaining to the common property of “HEERA SWISS TOWN OWNERS’ ASSOCIATION” and to negotiate, carry on litigation, settle or compromise with third parties any matter affecting the common rights and properties.

e. To establish and carry on jointly with individuals or institutions, or its own volition, educational, physical, social, recreational, or other activities for the benefit of the Apartment Owners AND for regulation, maintenance, up keep and welfare of all the APARTMENT OWNERS.

f. To provide for the security, maintenance, repair, replacement, or improvements of the BUILDING, and the COMMON AREAS AND FACILITIES by proportionate contribution from the Owners, and, if necessary, by raising loans for that purpose;

g. To carry out urgently needed repairs inside any of the units, which would otherwise affect the building in common, if the apartment owner or the occupant of the unit fails to carry out the same within the time prescribed by the respective apartment owner.

h. To establish, maintain and reinforce contacts to render help/assistance to all members regarding the maintenance of the premises.

i. To invest, to acquire legal activity or deposit monies to the advantage of the owners, notwithstanding, the profits and income derived from the above objects shall be utilized for the development and improvement of the HSTOA and shall not be distributed among the members.

j. To frame rules and administrative procedure with the approval of the general body of the HSTOA.

k. To promote close co-operation between members and to render all possible advice and guidance to members in any matter relating to ownership and enjoyment of living in Apartments and to provide such amenities and facilities to members as the MC may deem fit;

l. To carry out the above objectives and activities to facilitate their efficient and effective functioning, to liaison, collaborate and share experience with individual and / or other bodies and organizations with similar objectives in the city of Thiruvananthapuram, organize meetings or participate in them, make representation or carry out other activities of the aforesaid objectives;

m. To do all other lawful acts for attainment of the aforesaid objectives; n. To engage the services of any professionals like contractors, architects,

structural engineers, Chartered accountants, advocates to take up any necessary civil or structural work or to take the services of any professionals initiating any action or defending the same generally

o. To frame rules, with the approval of the general body of the HSTOA, to administer the building and common facilities.

p. To do such other things as may be considered as to be incidental or conducive to the attainment of the aforesaid objectives;

q. To negotiate with builder in all matters relating to the discharge of his obligations regarding the rectification of construction defects and to effect rectification of defects of equipments and fittings.

r. The Secretary of the HSTOA is authorized to correspond and deal with the Registrar, Thiruvananthapuram District, Thiruvananthapuram.

s. The HSTOA shall not act beyond the scope of its “Objects” without duly amending the provisions of the Bye-laws for the purpose.

t. The income of the HSTOA shall be utilized for the objects of the HSTOA and shall not be distributed among its members.