SOCIETY RULES REGARDING BUYING SECOND PROPERTY

Querist : Anonymous (Querist) 01 February 2011 This query is : Resolved
I AM PLANNING TO BUY 2ND PROPERTY IN A SOCIETY IN MUMBAI, I ALREADY HAVING A PROPERTY THERE BUT SOCIETY SAYS AS FOLLOWS "THIS IS TO INFORM YOU THAT UNDER THE MAHARASHTRA CO-OPER. ACT 1960 & THE BYE LAW, THAT IT IS MANDATORY THAT ANY MEMBER WHO WANTS TO BUY ANY FLAT IN THE SAME SOCIETY REQUIRED TO OBTAIN THE PRIOR PERMISSION OF THE REGISTRAR OF CO-OPERATIVE SOCIETY."
kindly help me with your valuable guidelines in this regards

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Advocate. Arunagiri (Expert) 01 February 2011
If there is any such rule, you have to get the permission of the registrar, other wise you will be in trouble.

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