Uday (Treasurer) 14 June 2016

Share certificate from society

Dear Sir/Madam,

I have a flat in Mira Road. we have taken possession in 2008 and society is been registered in 2010 Society is now issuing Share certificate stating that, at the time of receipt of share certificate we have to show registration document in Original.

My question is, Original Registration docuemtn is required to see by society before issuing share certificate since most of the members were not having original registration copy as it would have been with loan issuing bank.

Need you expert advice.

Thanks in Advance.

Reply Follow

1 Replies

Kumar Doab (FIN) 14 June 2016

The bank has to supply acknowledgment of all docs received from borrower, and authenticated copy of all dcouments e.g; Originals like Sale Deed, loan brochure, loan application, loan approval,loan agreement etc...................

Obtain everything from Bank.

Submit a letter to bank under proper acknowedgment, attach copy of letter of society, and request to show the original to society.

Submit the copy of acknowledgment issued by bank to society.

Mainatain proper record in your file.