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Tejal (Solution Architect)     30 July 2012

Share certi on mortgage

Experts,

Our society is formed in 2009 and Share certificates are available with society and they issue the same to the member who provide the Original Agreement.
When i bought the property in 2007 at that time Society was not formed and i got the Loan from.
As i have mortgage from bank so society is asking me to provide the indemnity bond on 100RS Stamp paper.
Can any one explain me the process of issuing share certi on the mortgage flats ? if any bond required then what is the format ?



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