Legal Question in Credit and Debt Law in India
What is NOC? how it act on property? if the financial institute closed. But, they not given NOC for under loan property even the amount has been fully paid. How to solve this issue.
Asked on 1/12/15, 1:27 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
15.01.2015
Dear Sir / Madam,
NOC means No Objection Certificate. In relation to property, it refers to an NOC to be obtained from the Society for the purchase or sale of a flat in the Society. You should submit an application to the Hon. Secretary of the Society for issue of the NOC.
Regards,
Answered on 1/13/15, 1:06 am