Legal Question in Real Estate Law in India

Is there any law which indicates that a society can not transfer share certificate to a new member within one year from the date of earlier transfer of share certificate? If yes please mention the Bye-law number and full description.

Nitin Bandal


Asked on 4/02/10, 2:28 am

2 Answers from Attorneys
KAMAL GROVER

There is no such law but it depends upon society rules and local govt. rules.

Regards

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Answered on 4/02/10, 6:31 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

It is a State subject. You may refer to the relevant Act and Rules of your State as also the Bye-laws of your Society.

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Answered on 4/04/10, 9:00 am


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