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kamlesh   12 June 2015

Clear tital of property

1) Mr. K is the nominee in co-op Hsg. Society Ltd.

2} Flat In The Name of Three Person i.e.  (i) Mrs. C (ii) Mr.V (iii) Mrs. J

3) Mrs. C is the Wife of MR.V, is Bhabi of Mrs.J, is Mami of Mr.K

4)Mr.V  was Mama Of Mr.K

5)Mrs. j is Mother of  Mr.K

4)All Three Flat Owner Nominated Mr.K

 

Now Mr.V Died On  19.09.99.

As Per Nomination Mr.K Is Applied For Membership To The Society (Undr The Bye-Laws No.34) On 01.09.14.

Mr.K  Submitted Noc From Mrs.C & Mrs.J To Transfer 1/3rd Undivided Shares Of Mr.V In Name Of Mr.K (Nominee).

INDEMNITY BOND GIVEN BY MR.K

Also Given Paper Notice & There Is No Objection Or Claim.

>  

Following the question.

  1. Now can Society Transfer The 1/3 rd Undivided Shares In The Name of Mr. K ?
  2. In the above case is any registration or stamp duty necessary?
  3. Can we apply for loan from bank?
  4. After transfer the 1/3 rd Undivided Shares In The Name of Mr. K On basis of Nomination & Mami is legal hire .then that share Mami can give gift to Mr.k?


Learning

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