To split 1 share certificate into 2 on division of flats
Querist :
Anonymous
(Querist) 05 June 2010
This query is : Resolved
My mother has purposely involved the secretary and a committee member of the society for settlement, when the MOU is already signed. This committee member has said that the society is not bound to issue 2 share certificates in lieu of 1, even if there is a court order to that effect.
I would like to know :
- whether the society can overrule the court order and deny to issue 2 sh certificates?
- if the society does not issue 2 share certificates inspite of court order, what is the remedy available to me.
- whether the society can charge transfer fees in the said case?
I would be grateful if you could help me in the matter.
Rgds,
Anand.
