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What to do if society not ready to transfer share certificate


31-Jul-2023 (In Documentation Law)
I purchase flat & regd.also(tri party)but share certificate is in name of company.in the agreement is individual name. now society not ready for transfer share certificate in my name.previous agreement was not regd. the seller & builder both are corporate for this issue but society not ready. now what the solution? I am a Hindu/Indian.
Answers (3)

Answer #1
704 votes
This has no concern related to religion. If the document is registered then society has not right to not transfer the flat except there is some other complexities involved. If the society refuses to transfer then ask them to give it in writing of their rejection alongwith the reason

Answer #2
900 votes
You apply for transfer of share certificate and attach all photocopy of all documents and receive acknowledgement . If with in 2 months with out reasonable cause {written on soc. Letter head n duly sign by office bearer} then you file an appeal before registrar of society for name transfer and make society as party in the appeal
Answer #3
548 votes
To start with, write a letter to the Society, forwarding a copy of registered Agreement whereunder you have purchased the flat, and request the Society to take note of the registered agreement and include your name in the share certificate in terms of the registered agreement. If the Society does not respond or fails to act upon your request within 30 days, you can write to the concerned Registrar of Cooperative Societies highlighting the discrepancies. If no action is still taken, you can file a dispute under Section 91 of the Mah Coop Societies Act before the Cooperative Court.

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