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How to get a duplicate share certificate of a housing society?
09-Mar-2023 (In Documentation Law)
I have lost my share certificate of the housing society due to some reason. What is the procedure to get a duplicate share certificate issued?
Yes, you can get a duplicate share certificate issued by following this simple procedure:
- File an FIR in the local police station stating that you have lost the original share certificate issued to you by the housing society.
- You also need to make an application to the housing society informing them about the misplaced or lost share certificate and further request for a duplicate one.
- You shall then submit an indemnity bond on a stamp paper of Rs 200 to the society agreeing to indemnify/cover all the costs it shall bear to issue a duplicate share certificate.
- Attach the duly notarized indemnity bond with the application made to the society.
- On receiving the application the Secretary shall call a Managing committee meeting to get its approval for the grant of a duplicate share certificate.
- The society shall the issue a Public notice in two local newspapers and also affix a notice on the society notice board in order to invite objections, if any.
- The society shall also charge you for the cost incurred for issuance of the Public Notice in the newspaper before allotting the duplicate certificate.
- If no objections are received within 15 days from the date of issue of the Public Notice, then the society shall finally proceed to grant you the duplicate share certificate.
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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Govind Kumar
In the duplicate share certificate name of original purchaser and subsequent transfree is to be mentioned?
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