JMB or its member have to take the legal responsibilities
Will JMB going bankrupt?
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 Jan 12 2010, 02:35 PM
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#1
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Junior Member
253 posts Joined: Jun 2009 From: Sg Long  
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Previous JMB or current JMB is still the same JMB, only the person in JMB change.
JMB or its member have to take the legal responsibilities |
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Jan 13 2010, 08:35 PM
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#2
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Junior Member
253 posts Joined: Jun 2009 From: Sg Long
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QUOTE(theblues @ Jan 13 2010, 04:57 PM) if JMB is liable for the debt, then what about the previous committee? nothing to do with the previous committee on the debts, they r just elected member of the JMB...but if they is any misconduct on the JMB/MC's fund then they can be sued. Can they runaway from it?  Seriously, be the member of the JMB = 吃力不讨好  |
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Jan 15 2010, 10:33 PM
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#3
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Junior Member
253 posts Joined: Jun 2009 From: Sg Long
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QUOTE(theblues @ Jan 15 2010, 06:16 PM) what if the case the money was owing before the JMB is formed? haha this is the million dollar Q. Q: What about the receivable owe by the resident/ owner before the JMB is formed? in most case, the management co appoint by the developer/ their sister co with submit their "audited" account with huge lose, and the COB just don't bother to look into it Ask some one to look into the Acc and reject it then try to nego with the COB, so that yours JMB can start from "0" rather than take the debts. |
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