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Non issue of certificate by Society committee

(Querist) 27 September 2015 This query is : Resolved 
Hello All,

In today's AGM society decided not to issue share certificate to all the members who Dont have possession letter.

Even some of them submitted the possession letter & they said they require 3 letters.
1) payment made by us to builder with number details
2) declaration form
3) possession letter.

Since during my possession , I have found that certain construction was not completed, I have decided not to sign on Declaration form stating work was not fully completed by builder.

Since I Dont have declaration letter I was refused to issue share certificate by soxiety . Can somebody confrim what documents are required to issue share certificate & whether society managing committee have any rights not to issue share certificate on above document & what legal action I can take against society committee.

Regards,
Harpreet Singh Bains
Hemant Agarwal (Expert) 28 September 2015
1. The Society has NO jurisdiction to refuse Share Certificate to its registered members. irrespective of its illegal demand of mentioned documents. However the Flat-Purchase agreement should be duly stamp duty paid and registered and this can be demanded by the Society.

2. STOP payment of Society dues, AFTER due notice to the Society, demanding to issue Share Certificate AND additionally file petition before the local registrar of coop. ALSO file grievance complaint before the local Consumer Court.

Keep Smiling .... Hemant Agarwal
Read Articles: http://hemantagarwal21.blogspot.in/?view=sidebar
Rajendra K Goyal (Expert) 28 September 2015
Agree with the advise from expert Hemant Agarwal.


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