90,000+ Legal Questions Answered
transmission of society share certificate
10 months ago
how do i get my society share certificate transmiited in my name if there are outstandings in my account
A.Dear Client,
A society runs following the provision of its Byelaws and Regulations. In the absence of any provision in the said Byelaws to issue Share Certificates to a member of the Society having outstanding bills, you can not claim the same from the Society as a matter of right until and unless the outstanding bills lying against the member are written off.
A society runs following the provision of its Byelaws and Regulations. In the absence of any provision in the said Byelaws to issue Share Certificates to a member of the Society having outstanding bills, you can not claim the same from the Society as a matter of right until and unless the outstanding bills lying against the member are written off.
Helpful
Helpful
Share
A.Dear client,
Every society has different bylaws that outline how a share certificate can be transmitted and whether outstanding arrears are a factor considered while issuing it. Go through your society's bylaws and if they stipulate that arrears are a barrier to issuing share certificate, ideally clear the outstanding arrears.
Every society has different bylaws that outline how a share certificate can be transmitted and whether outstanding arrears are a factor considered while issuing it. Go through your society's bylaws and if they stipulate that arrears are a barrier to issuing share certificate, ideally clear the outstanding arrears.
Helpful
Helpful
Share
Read Related Answers
Inheritance Rights Dispute Over Mothers Property in Bengaluru
Dear Client,
A property when left by the deceased owner intestate i.e, without any will, is devolved upon the surviving legal heirs in equal share following the law of inheritance/succession. After t...
EWS Certificate
Dear Client,
The death certificate of a deceased person is a crucial document that is mandatorily required for the issue of a legal heir certificate either by the Municipal Authority or to apply for a...
POA from SriLanka to India citizen Resident Indian
Dear client,
If the seller of the property is not now in India, he can still execute a POA abroad, but the process is slightly different. His first step is to visit the Indian Embassy or Consulate in...
Darkast agriculture land sale
Dear Sir,
If there is perpetual restraint from selling the land then the grandson cannot sell without the permission from the Deputy Commissioner. The conditions in the Darkasth to be read.
Mutation of property in authority records based upon registered gift deed
Dear Sir,
Yes, the mutation will be taken place as jointly in respect of your respective wives. You have to produce certified copies of both the Gift Deeds.
Read Blogs on Property
Property Lawyers
Find Lawyers by Location
