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Rakesh Kumar (sse)     04 April 2016

Buider's gift deed to daughter and share certificate

Below is the scenario:

Builder/Promoter: ABC Builder

Land owner: XYZ Family

Builder's Daughter Name: LEELA

Builder XYZ had reserved one flat for the land owner in the building constructed. After completion Society is formed with that flat shown as unsold. Few years later Builder Gifted the flat to his daughter (proper Registered Gift deed is done with stamp duty paid). After three years he obtains release rights with registered "Release deed" from the land owners for that flat. Builder is now passed away.  So Daughter is now requesting society to issue share certificate on her name so that maintenance bill comes on her name as it is showing "landlord" on it now. Society is not issuing share certificate  and raising a query saying Builder Gifted the flat before obtaining the release rights. He cannot do that. Secondly asking they need "no claim" and affidavit  from all siblings on the flat, which I think not applicable in case of registered gift deed.

Question 1: Are the societies' excuses valid and what needs to be done to be become member in this cases? Can I submit a fresh application for membership and can they reject it?

Question 2: Society has put in application for Deemed Conveyance. Society might have shown that flat as unsold. Since it is registered (with stam duty paid). Can they show it as unsold? Can daughter challenged the "Deemed conveyance" saying she has no been made member and there is dispute? How it will help?

Question 3: The hearing on the Deemed conveyance application is on 15 April. Does she have to put in her objection before this date or she can challenged it later?

Whole idea is become a member (share certificate) on daughter's name. Please advice.



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