I am staying in the present flat in Mumbai since 1999.
Ours is a big society consisting of about 15 buildings. The society had not given share certificates to 3 of the buildings (out of which i reside in one)
The society has decided to go for redevelopment and hence gave share certificates to the above said 3 buildings in a hurry, however during this process my father passed away and the society held back my share certificates.
on the advise of the society lawyer, i am doing the following :-
1) submission of affidavit by my mother claiming that she is the legal hair.
2) Indemnity bond by me and my sister stating that we agree for the transfer of flat in my Mother's name
3) Application of membership.
Is this method correct ?
I have been informed that once the committee passes the resolution for transfer of flat, i will be given the share certificates.
Can the society withhold the share certificates further ?
what are the consequences of not bieng in physical posession of the share certificate?
in case the society withholds the share certificate, whom should i approach ?
Can the society decline to give me "associate membership" ?
Thanks
