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Dinesh Kargutkar (Finance Exec-Treasurer of CHS)     06 January 2012

Transfer of flat after death of a member

One of our memeber died who has sumbitted nomination in the name of 3 sons and mother (25%x4) . Now eldest son has applied for transfer of shares and property in his name. Two elder sons are minor 16 & 17 yrs. Now question is , as the nomination is in the name of 4 persons it is right to transfer the shares to eldest son,s name?  or we have make two brothers & grandmother as joint members in the share certificate/property? 

Further, as two brothers are minor what is the procedure? 

thanks



 2 Replies

ajay sethi (lawyer)     06 January 2012

flat cannot  be transferred in the name of eldest son only . it has to be transferred as per nomination regsitered with the society . mother and her 3 sons

Dinesh Kargutkar (Finance Exec-Treasurer of CHS)     06 January 2012

sir,

but 2 brothers are minor .... what is the procedure?


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