Dear Mr. Agarwal,
Thanks a lot for your prompt response.I am clarifying the points raised by you one by one.
This is a housing society of bungalow plots formed as back as 1948 & was duly registered. Till the death of our father in 2006, he was looking into all the matters. I am therefore giving the entire sequence of events chronologically, as I learnt after his demise,
1. No work could be started in the land as the land came into a series of litigations i) with the successors of the original owners – due to a dispute on the selling price ii) with the state government & the Municipal Corporation as the land was in Master Plan development area.
2. The society is maintaining the land, to the extent of upkeep etc & till date there is no construction activity.
3. On the demise of our father we got the original share certificate transferred in our joint names, by paying all dues on maintenance & development charges (through a Joint bank account).We have also been admitted as the joint members of the society.
4. Now the society has informed all the members that the dispute has been satisfactorily settled with local bodies & it is in a position to do a 99 year lease with all the members.
5. In our case the society is insisting that they would issue all receipts for payments henceforth, only in one of the names of us two brothers. Also they would do all the correspondence only with one of us.
All my questions are pertaining to the care I have to take in all the subsequent legal procedure to ensure that they are no problems of succession, later on.
Hope I have been able to address all the points raised by you.Please feel free to ask if you need any more clarification.
Thanking you for your continued contribution,
Suresh