Transfer of share certifite in chs on death of member

Querist : Anonymous (Querist) 12 October 2011 This query is : Resolved
My neighbour who owned a house in CHS at Navi Mumbai died in 1988.He was unmarried and based on his nomination the share certificate was transferred by the society to his younger sister. She was unmarried and has expired in April 2011.She has not given nomination and has left no will. She leaves behind two elder sisters.
One of the elder sisters wants to make an application to society for membership giving an affidavit and a no objection certificate from the other sister along with an indemnity bond.
In this case is it obligatory to obtain legal heir certificate from court?

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ajay sethi (Expert) 12 October 2011
society may transfer flat in name of elder sister since younger sister has agreed to give NOC . in addition elder sister is willing to give indemnity bond .

however i some socities in Mumbai society decline to transfer unless succession certificate is produced .

Sankaranarayanan (Expert) 12 October 2011
yes i agreed mr sethi's suggestion, more over i feel succession certificate is better then rest of others .

prabhakar singh (Expert) 12 October 2011
While desired act is possible subject to society getting agreed for that but OBTAINING SUCCESSION CERTIFICATE IS A BETTER BET AS IT MAKE THINGS OKAY FOR EVER.

Raj Kumar Makkad (Expert) 12 October 2011
As a huge money and time is required to get succession certificate so try to convince society to accept all documents in your hand.

Querist : Anonymous (Querist) 13 October 2011
THANKS FOR THE ADVICE
The applicant sister is 79 years old and will have to go to court to apply for legal heir certificate which may take minimum 4 months.
Is legal heir certificate same as succession certificate

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