One of My friend have Commercial property in mumbai it was in the name of a Trust which was created by his father for his benefit and he was ultimate beneficiary owner of that Trust now the property is transfered from Trust to Beneficiar Owner as Trust has been dissolved. When he requested society to transfer to property the society asked him premium of Rs. 240 (per. sq. ft.) please inform whether they can do say. They are saying premium rule has been approved by annaul general meeting please inform can society do this. further also provide me with the law section which we can show them to prove our point that no premium will be required.
