Housing soceity registration and liabilities query
Mohammed Vaid
(Querist) 10 July 2010
This query is : Resolved
We are living in a redevelopment building where upto 7 floors old tenants are living and beyond 7th floot to 17th floor new purchase tenants are living. We have paid our stamp duty and also done the registration of our homes and all are having owned houses.
Our builder had not paid Assessment Tax till date and it had accumulated to around 49 lacs. Also he had not taken the Occupancy Certificate from BMC. Now he is emphasizing us to form a society and resgister the same under Housing soceity law.
We are having following queries: -
1. In such situation should we form and register the society and take all expenses and incomes in our hands?
2. Is the previous liablity of Assessment Tax will be thrown on us after formation of soceity?
3. Is there any way to acquire OC from BMC on our own?
4. What are the other threats which we would face after registring the soceity?
Kindly suggest.
Uma parameswaran
(Expert) 11 July 2010
File an application before Registrar informing the present situation .
Mohammed Vaid
(Querist) 12 July 2010
But shall we take over the soceity by registring and forming it? And if we take it will the liabilities, as queried, will also come on head?
