Duplicate share certificate for the flat
Pradeep Nandlal Dave
(Querist) 25 July 2014
This query is : Resolved
Dear Sir,
1)I misplaced Share Certificate of our flat. I am not able to trace the same.
2)I want Duplicate Share Certificate from our Society.
Please guide me the procedure to obtain Duplicate Share Certificate from our Society.
Details are as under:
1)Our flat is situated in Virar(W), Maharashtra State.
2)Our flat is in Registered Co-Op.Housing Society.
3)The flat is in the joint names i.e.myself and my wife.
5)I have Xeroxed Share Certificate copy duly singed and certified by the Notary,Mumbai.
With thanks and best regards,
Pradeep Dave
P. Venu
(Expert) 26 July 2014
First of all, you consult the society.
ajay sethi
(Expert) 26 July 2014
inform Secretary of society that you have lost the share certificate . society will issue you duplicate share certificate subject to public notice being given in local newspaper of loss of share certificate . you will also be required to execute indemnity bond in favour of society
Rajendra K Goyal
(Expert) 26 July 2014
Contact the society, it would provide you the procedure. All societies have developed their procedure based on broad acceptable formalities.
BHANU RASPUTRA
(Expert) 26 July 2014
for loss of society certificate , member has to comply wth all procedure as per BYE LAWS and to file FIR
T. Kalaiselvan, Advocate
(Expert) 27 July 2014
the society authorities will be having set of forms and a check list of dos in such cases, you may contact your society's secretary and get the details clarified, comply them duly and have your job done.
Dr J C Vashista
(Expert) 29 July 2014
Inform the society in writing regarding the loss of share certificate. Lodge a police complaint (may be NCR). Publish in 2 newspapers (one English and other local language)and submit an application supported the joint affidavit of share-holders with police report and newspapers for consideration by managing committee of the society.
After their satisfaction MC will pass a resolution, issue duplicate share certificate and endorse the same in Share Certificate as well as Share Certificate/ Members Register.
V R SHROFF
(Expert) 29 July 2014
Well advised by Dr. JC Vashista
In your case Indemnity Bond, that you did not obtain any Loan etc, mortgaging Flat doc c Share Certificate , is necessary.
May have to publish in 2 local news paper, if Society insist, otherwise it is not compulsory, as both h-w sign declaration c Police FIR for Loss.
Dr J C Vashista
(Expert) 31 July 2014
Thank you Sh. V R Shroff ji for endorsing my opinion.
