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Legal action against society for delay in issuing Share Certificate


13-Jan-2023 (In Documentation Law)
I have submitted all the required documents for share certificate to society but still the share certificate is not issued to me. I had purchased flat and got the flat transferred in my name after paying a transfer fees of Rs.12500 (from both parties) to society as mentioned in our sale deed. Accordingly I was given a NOC by society since there was no due from both buyer and seller side parties. Society is asking for donation/amenity fund of Rs 25,000 as per the resolution passed in agm(agm held before sale deed date) then only will be issuing the share certificate to me. I’ve been following up on share certificate via mails for 2 months but still I haven't got any revert on it. Also given a written complaint letter to society on this but still no revert. What can be done in such case?
Answers (4)

Answer #1
513 votes
Society has no right to demand any such amounts and have no right to retain your share certificate. You can write a complaint and submit the same with registrars office. Also you can lodge police complaint against the committee members of the society for illegal holding back your share certificate

Answer #2
810 votes
FOLLOWING ANSWER PRESUMES THAT YOU ARE IN MAHARASHTRA. In state of Maharashtra maximum amount of transfer fee is fixed at Rs. 25,000/- and co-operative housing societies cannot charge more than Rs. 25,000/- (however, they charge minor charges like form fee transfer expenses etc generally not more than couple of more thousands). However, even after paying the transfer fee and complying all requirements for transfer of membership (under bye law no. 38 of Model Bye Laws) if your CHS is not giving you membership then you can send your society legal notice for transfer of membership. If society fails then you can file complaint to the Dy. Registrar, Co-operative Societies in your city under section 22 / 23 of Maharashtra Co-op Soc. Act. Dy. Registrar after giving hearing to both parties will grant membership.
Answer #3
527 votes
If there was a resolution passed before the sale of the flat then you have by default agreed for all that had been transpired before the purchase of the flat. Since it was resolved in the AGM of the society, it is agreed by all the members including the previous owner of the flat, therefore you need to pay the same to the society.
Answer #4
687 votes
You can file complaint to Cooperative Registrar for issuance of share certificate.
After complaining Cooperative Registrar shall direct to issue share certificate to you
AGM was held after sell deed. Then society shall not have right to demand illegal donation.Resolution itself is illegal.

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