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Preliminary opinion required on joint venture

(Querist) 26 June 2016 This query is : Resolved 
Hello Experts I have represented my queries to get protective points before initiating in the task - Please advise.

1] I am a resident & owner of a Flat / Apartment in Chennai, majority of our residents/owners wants to for the reconstruction of entire Apartments thru a joint venture with flat promoter, in this situation what are the important points we have to keep it in mind before entering into the task.
2] If any one of the owner oppose this proposal then whether it has to be stopped, is there any other ways and means to continue by ignoring the opposing individual owner. There are 28 houses in the compound.
Please give your experts opinion it will be very useful to us. Thanking you all.
SaiRam/26-06-2016
R.K Nanda (Expert) 26 June 2016
Contact local lawyer.
Rajendra K Goyal (Expert) 26 June 2016
Get all the terms and conditions drafted through your lawyer to keep your interest secured.

If any one oppose, and you proceed ignoring him, he can approach court for a stay.
sairam (Querist) 27 June 2016
Thank you Sirs


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