LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

first & second holder in a flat

Querist : Anonymous (Querist) 30 January 2011 This query is : Resolved 
FACTS
1) I hold a flat in mumbai since last 30 years. The share certificate of the flat shows holders as - Kunj bihari AND brij bihari (myself). both holders have paid in equal towards the flat purchase.

2) the current status is that I (brij bihari) alone reside in the flat with my family and i am in its complete possession. where as kunj bihari has been living elsewhere since last 15 years.

3) Each of us pay 50% of the maintenance bills to the society. but i alone pay the electricity bills.

Questions:
1) the share certificate states kunj bihari AND brij bihari (myself). i am not specifically stated as the second holder. it is obvious that two peoples name cannot be written as first and hence one name would preceed the other -- is it fair on my society's part to even state that i am the second holder?? the society has been saying i am the second holder on the flat and that they recognise only the first holder (i.e. kunj bihari). if i am the second holder, please could you tell me my rights and the first holders rights.(which act or book should i read to understand my rights clearly)

2) do i have nomination rights for my 50% of the flat holding?

3) Can kunj bihari at all make a nomination of 100% of the flat in favour of his son, eventhough he has contributed and owner of only half the flat.

3) i am given to understand that it is mandatory (by law) for kunj bihari to mark me as a nominee on the flat? is this correct?

4)can i (brij bihari) stand for society elections and have voting rights? can i attend society agm?
Querist : Anonymous (Querist) 01 February 2011
Dear Sirs,
Request you please reply to my above query asap. thanking you


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :