Legal Question in Real Estate Law in India

I live at cooperative housing society at Lalbaug since last 25 years with my Uncle.

My uncle has gifted me an apartment through registered gift deed which also includes society's NOC.

Society has also taken Transfer fees of Rs.25000/ from me on 1/9/2012. But they are delaying in changing my Name in Share Certificate. there is a person in our society who is not even a member as yet but he is interfering in my case unnecessarily and making society committee change their mind set.

i tried calling and meeting society secretary but he is avoiding me.

In our society normally share certificate is transferred immediately, its been 11 days that I have given them application but no response from their side, Please guide as what should i do in this case.

your help will be appreciated.


Asked on 9/20/12, 10:31 am

2 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

21.09.2012

Dear Sir / Madam,

The Society has 30 days time to endorse your name on the Share Certificate. The same needs to be placed in the forthcoming Managing Committee meeting for approval of the transfer and entry of your name on the Share Certificate.

Should the Society fail to respond to you in writing on or prior to the end of the 30 days period clearly mentioning their reasons for objecting to the transfer, you can take up the matter through the Registrar of Co-operative Housing Societies in Griha Nirman Bhavan, Bandra (East) and seek their intervention to resolve the issue.

Regards,

Fca Prashant Chavan

Mumbai - 9920299337

(You can also mail me for any further on-line advice at [email protected])

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Answered on 9/21/12, 6:10 am
Shrichand Nahar S.V.Nahar, Advocate

Wait for some time.

Thereafter, take suitable legal steps.

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Answered on 10/22/12, 12:25 am


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