Legal Question in Civil Litigation in India

I am Mrs.Anupama Salot .I stay at Borivali east - Mumbai - Maharastra . My mother has done gift deed of her flat ( Flat is at Borivali Mumbai ) to my name . I am married . We have paid stamp duty & registration fees .

Whether we need to pay any transfer fees to soceity ?

Whether sociery can ask transfer fees for share certificate ?


Asked on 6/27/13, 5:07 pm

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

28.06.2013

Dear Anupama,

As per the prevailing byelaws No. 68 (xiii) the General Body at its meeting is entitled to adopt a resolution on the nature and amount of transfer charges payable on the sale of a flat. Since a Gift from the mother to her daughter does not come within the ambit of sale, it should be exempt from transfer fees payable to the Society by members.

Regards,

Read more
Answered on 6/27/13, 10:05 pm


Related Questions & Answers

More General Civil Litigation questions and answers in India