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Q. Open Plot Ownership transfer From Firm/Company name to Welfare association

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Anonymous

posted 10 months ago

Q.Open Plot Ownership transfer From Firm/Company name to Welfare association
Place: Telangana State

Can we transfer Plot (Open Land of 300 Yards) ownership rights currently existing from the name of Firm/company (Construction Builder Firm ) to the registered Welfare Association via Gift deed in the Sub-register office or Dist. register office...?? Is there any issues will come in this "company/firm" to "Welfare Association" ownership transfer of a open plot land property ??

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Deepak Yashwantrao Bade

Experience: 9 Year(s)

Responded 9 months ago

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A. ) dear client kindly pass resolution for transfer the property to the welfare association.

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Rajender Prasad

Experience: 5 Year(s)

Responded 10 months ago

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A. ) dEAR SIR, YOU HAVE NOT MENTIONED THE FACTS. For details,pl. contact some advocate through vidhikarya.com

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Kishan Dutt Kalaskar Retired Judge

Experience: 33 Year(s)

Responded 10 months ago

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A. ) Dear Sir
There are so many issues. Please consult local lawyer who will explain.

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Shanti Ranjan Behera

Experience: 22 Year(s)

Responded 10 months ago

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A. ) Dear Client,
There are certain factors which you need to look in to.
1.The Welfare Association-Legal Status-Types of Activities involved in etc
2.Legally you can.
3.Whether Gift Deed or Sale Deed you have to pay the Stamp duty and fees etc to the Govt at least 7 % of the land value failing which it will be treated as under value and will attract another case.
I am willing for detail discussion over phone and /or transacting the work through Vidhikarya.com
Shanti Ranjan Behera,
Advocate

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Rameshwar Dadhe

Experience: 2 Year(s)

Responded 10 months ago

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A. ) Dear sir u can pass resolution for transfer the property to the welfare association. Then it will be possible. Because plot on the name of company. U need to pass resolution

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Anonymous

Replied 10 months ago

SIr, we are from Association side & that we need to get that land ownership transfer from builder firm representing by its MD to our Welfare association representing by Association President.

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