Share certificate is not issued by committee in chs

Nikhil Joshi (Querist) 26 January 2021 This query is : Resolved
Dear Sir,

We are owner of property in pune which is co operative housing society. Society was formed around four years back and till date share certificate is not issued by committee to any member. Now, we wish to sell the property and prospective buyer needs share certificate to be transferred in his name. So far secretary is not responding to us and not willing to issue share certificate. What are legal remedies available to us in such case? Please help us know more on that. Your prompt response will be appreciated.

Regards,

CA Nikhil Joshi

joshi.nikhil1988@gmail.com

Thane, Maharashtra.

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Quick Summary

If your cooperative housing society committee is refusing to issue share certificates, you have several legal avenues. You can file a complaint with the RERA, the Deputy Registrar of Co-operative Housing Societies, or the local Consumer Court. It's advisable to first issue a legal notice to the managing committee before escalating the matter.

kavksatyanarayana (Expert) 26 January 2021
You shall file a complaint before RERA or the Deputy Registrar of Coop. Housing Societies of your area against the society.

Hemant Agarwal (Expert) 27 January 2021
1. You have an positive option to file a grievance petition against the Society Mg.Committee, in the local Consumer Court, for their illegal trade practice, negligence, deficiency, harassment, intimidation, cheating etc.... with proper documentary evidences and you can claim damages /compensation & interest on your investment, and for your physical & mental trauma.

Keep Smiling .... Hemant Agarwal
VISIT: www.chshelpforum.com

Message likes : 1 times

Advocate Bhartesh goyal (Expert) 27 January 2021
Yes, file complaint before Consumer Forum against society for their deficiency of service and unfair trade practice.

SHIRISH PAWAR, 7738990900 (Expert) 27 January 2021
Hello,

As per my opinion, you have to approach co-op. registrar against the managing committee. First issue legal notice to managing committee thereafter file a complaint against manging committee before co-op registrar.

Rajendra K Goyal (Expert) 31 January 2021
You have the option to file complaint with RERA or Consumer forum or Registrar cooperative societies.

It would be better if you take up with the society first.

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