R.BALA
(Querist) 16 August 2015
This query is : Resolved
Sir, We are a registered residential society How many times in a year can the same flat be transferred and can the share certificate be stamped for transfer twice in a year Please give us an explanation.
Anirudh
(Expert) 16 August 2015
There is no limit. As many times as the flat gets transferred the share certificate can also be stamped.
Hemant Agarwal
(Expert) 16 August 2015
1. In Maharashtra, u/s 29, of the MCS Act, a member has to hold the membership of a Society, for a minimum period of one year, BEFORE membership can be transferred to any other person.
Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup