(1) Notwithstanding anything contained in section 23, in cases
where a promoter sells all his apartments owned by him or all apartment
owners agree in writing to run their joint housing on their own and make a
requisition therefor to the promoter or in cases where it has been impossible
to protect, care, repair, maintain and clean up a joint housing as a result of
the dissolution of the corporate body or the promoter has been insolvent, the
apartment owners shall, from among themselves form a housing
management committee to protect, care, repair, maintain and clean up joint
housing and collective areas and facilties and the committee itself will fix
the procedures relating to the meetings of such a committee.
(2) In cases where a committee has been formed pursuant to sub-
section (1), the committee shall perform all the functions to be performed by
a promoter in accordance with this Act or the rules made there under.