What if society is not giving share certificate?

What if society is not giving share certificate?

Within 15 days of you submitting the file to the Society, if Society has not given you the Share certificate, then you write a reminder letter to the Society, asking it that in another 15 days (after reminder letter) if you don’t get the Share Certificate of your flat, then under Bye-law No.

How do you take action against the Housing society?

You can make a complaint to Registrar.. The Registrar will send a show cause notice to Chairman and Secretary of your society.. Follow up at Registrar office should be carried out from time to time. Can be done by urself without any help of professional.

Can society hold share certificates?

A share certificate is a legal certification given by a housing society that a certain member is the registered owner of shares in the cooperative housing society. It is to be given to the member free of charge. 50 per share and share certificates are thereof distributed to the members.

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Can Cooperative Society issue shares?

The shares of cooperative society are not issued to general public by advertisement and can be issued any time. Shares can be withdrawn member/ society as prescribed by rules in their byelaws.

How do I remove my name from society share certificate?

Also by same documents you can apply and. take. share certificate from the society….

  1. Mere deletion of name of Father, from Society’s membership is possible, via a Application + Death Certificate + Indemnity Bond.
  2. HOWEVER, the above will not delete the Title-Ownership rights of the deceased Father.

How do I write a complaint letter to society?

Following are some articles mandatory to include in your complaint letter.

  1. Name of the sender/writer.
  2. Name of the receiver/Concerned official/organization.
  3. Date of Dispatch.
  4. Sender’s address.
  5. Receiver’s address.
  6. Subject of the Letter.
  7. Salutations (Dear/Mr./Mrs./Ms.)
  8. Closing of the letter (Yours Faithfully/Obedient)

How do you approach a registrar of a society?

Registrar have no jurisdiction without formation of society. You can apply for proposed society of all flat owners come together and approach sub registrar of your area of co operative society. And provide all details and ask builder to handover the society to all members.

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What can you do if someone does not pay society maintenance?

If a resident has not paid his maintenance due till the decided due date, you may give a written notification of 12 days extra to make the payment, and then a grace period of 3 days. If still not paid, discuss with the Management Committee and send a notice to the defaulter.

What happens if society member is not paying maintenance?

If a flat-owner fails to pay his maintenance on time, the society can initiate legal proceedings to recover the bill amounts. If a flat-owner fails to pay his maintenance for three months, he will be labelled a ‘defaulter’ under the Maharashtra Cooperative Housing Societies Act, 1960.

What is dispute in cooperative society?

a claim by the multi-State cooperative society for any debt or demand due to it from a member or the nominee, heirs or legal representatives of a deceased member, whether such debt or demand be admitted or not; b.

What are the disadvantages of cooperative society?

Disadvantages of a Cooperative Society:

  • Limited Resources: The financial strength of cooperative societies is low due to limited supply of capital.
  • Incapable Management:
  • Lack of Motivation:
  • Rigid Business Practices:
  • Limited Consideration:
  • High Interest Rate:
  • Lack of Secrecy:
  • Undue Government Intervention:

How do I file a complaint against a cooperative society?

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Complain to local Cooperative Registrar Office. Handover your complain. Society is also covered under RTI. So you have options. Having written above, I have word of caution—the Officials in Registrar’s office are never responsive to any such initiative or complains. They have better things to do, you see.

How to file a case against a co-operative Housing Society?

Any person aggrieved by such illegal resolutions/bye-laws passed by any Co-operative housing societies can complain to the Registrar of Co-operative Housing Societies within the District. Furthermore, any aggrieved person can also file a ‘ Writ Petition ’ in the High Court for enforcing his/her fundamental rights.

How do I file a complaint against a housing society?

Housing society are governed bound via implementation of respective By-Laws of respective state. You have to file a formal complaint i the housing society . Do contact lawyer practicing on real estate who can access the details of your particulars and represent you to you apartment committee.

What are the Co-operative Housing Society regulations in India?

Co-operative housing society regulations don’t have the same stature as that of a law. Every Indian citizen has the right to reside anywhere in the country and discrimination is not allowed on the basis of religion, caste, sex, eating habits or marital status.