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Can a society transfer or sell out a part of property


17-Apr-2023 (In Corporate Law)

A society situated in Haryana and registered in Delhi and there is a university in the society. This society want to sell or transfer the university with other society or trust, How it possible and what procedure we have to follow---- Guide me all experts

Answers (1)

Answer #1
162 votes

We will have to examine the entire set of documents. We have to check the objective of other society whether the clause to run a Univerisity is mentioned. Further, we would like to know what exactly you mean by "transfer".

Do you mean the University will now belong completely to other society? Please provide complete facts so that we can advise you accordingly.

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