One of our society member had asked NOC from society, bringing letter from bank which he had taken loan. Bank had asked him to get the NOC stating that
sub;- Lien noting confirmation.
We confirm having noted your lien /charges as mortage on the flat no 101 A wing, Motilal Residency owned by Mr Nilesh Rana.
We shall not allow sale,gift, or otherwise transfer of the said property to anyone else without prior written consent of bank of baroda.
Seal and stamp of society with sign.
My question is why society should be responsible for members flat .and what if any member fradualntly do sale or something..? Why society should be responsible for same?
