Legal Question in Real Estate Law in India

whether under maharshtra cooperative societies act, where a company is a member of the society and there is change in directors and share holding due to another group taking over the company, society can ask for transfer fees saying there is change in membership


Asked on 8/24/09, 10:39 pm

3 Answers from Attorneys
KAMAL GROVER

No

Your further clarification is welcome at;

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M: 09814110005 (Chandigarh) (India)

Regards

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Answered on 8/24/09, 10:57 pm
Shrichand Nahar S.V.Nahar, Advocate

No, if Flat & Membership is in the name of Company for the simple reason that Company is a jural person with perpetual existence and change of directors or shareholders is inconsequential for the Company.

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Answered on 8/25/09, 1:19 am
Rohini Kumar Tenneti R.K.1080 LEGAL SERVICES

A company registered under companioes act is a separate legal entity and is juridical person so with regard to your query what Mr.Shivchand opined is true.

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Answered on 8/25/09, 5:25 am


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