I have purchased one flat in Mumbai, which was sold under SARAFAESI Act, 2002 by one of the Nationalised Bank.
I was not the direct bidder in the Auction process. The person who had won the auction has nominated me as a Transferee. Bank has also issued me a Sale Certificate Under Section 13 of the SARAFAESI Act, 2002, Which is duly registered and paid stamp duty.
Now society is not giving me a membership for the want of prescribed "Society Transfer Forms under Co-operative Act" needs to be signed by either the defaulter owner of the flat or by the Bank. Defaulter owner is a absconder and the Bank is refusing to sign the "Society Transfer Forms"
My Query is
1) Is it legal to ask to sign on "Society Transfer Forms" by the Society for flat Auction under SARAFAESI Act, 2002 ??
2) What else the options I can use against the Society to be able to get Membership ??
3) Is there any conflict between SARAFAESI Act, 2002 and Maharashtra Co-Operative Societies Act. ??