Share certificate od delhi cooperative society

612 votes

To replace a damaged share certificate of a Delhi Cooperative Society, you must submit a written application to the society along with the original damaged certificate. The managing committee will verify your membership records and issue a duplicate share certificate after approval. You may also be asked to provide an indemnity bond and a small fee for re-issuance. Ensure the society’s secretary signs and seals the new certificate as per the Delhi Cooperative Societies Rules.

Advocate Madhvi Chopra LawRato

664 votes

To replace a damaged share certificate of a Delhi Cooperative Society, the member must submit a written request to the society’s secretary, explaining the nature of the damage and enclosing the damaged original certificate. Along with the application, the member should attach a notarized affidavit declaring that the certificate has been damaged and an indemnity bond on non-judicial stamp paper indemnifying the society against any future claim. Copies of identity proof, address proof, and ownership documents such as the sale deed or allotment letter should also be enclosed. The managing committee will verify the documents, pass a resolution approving issuance of a duplicate certificate, and make an entry in the register of duplicate certificates. A nominal fee may be charged as per the society’s bye-laws. The new certificate is then issued with a note marked “Duplicate” in place of the damaged one. If the society refuses or delays issuing the duplicate, the member can file a written complaint with the Registrar of Cooperative Societies, Delhi, enclosing copies of all relevant documents and correspondence. This process ensures that the member’s ownership rights remain protected and properly recorded in the society’s official records.

Advocate Kavya Singh LawRato

727 votes

If your share certificate of the Delhi Cooperative Society is damaged, you can apply for a duplicate certificate to the society’s Managing Committee or Secretary. Submit a written application along with (a) the damaged original certificate, (b) your ID and address proof, and (c) an indemnity bond stating that you’ll indemnify the society in case of any dispute. The Managing Committee will verify your records and issue a duplicate certificate after passing a resolution. You may also have to pay a nominal administrative fee as per society bye-laws.

Advocate Keshav Agarwal LawRato

821 votes

If your share certificate in a Delhi Cooperative Society has been damaged, you simply need to submit a written request to the Secretary of the Society explaining that the original certificate has been defaced and you are seeking a duplicate in its place. Along with the application, you generally attach the damaged certificate itself, a copy of your ID, and any basic ownership proof the society usually keeps on record. Most societies also ask for a short affidavit confirming that the certificate has been damaged and that you are requesting a replacement. Once your papers are received, the Managing Committee notes the cancellation of the old certificate, passes a resolution for issuing a duplicate, records the change in the register, and issues a fresh share certificate after collecting the nominal fee prescribed in the bye-laws. The entire process is routine and usually completed within a few weeks.

Advocate Aditya Kumar LawRato