Selling of property once sold by cooperative society
Mainak Dutta
(Querist) 26 July 2024
This query is : Resolved
Hi, I live in Kolkata, West Bengal. My father is trying to sell an old flat of ours which was allotted to him though a cooperative society on 1986. Now the buyer is trying to get a loan and the bank is asking for an NOC from the cooperative society, but that particular society doesn’t exist anymore. All of the members died and no new body was formed. What will be the next step here?
T. Kalaiselvan, Advocate
(Expert) 27 July 2024
If the cooperative society is not existing anymore then you may appraoch the registrar of cooperative societies to obtain NOC otherwise you may have to give an indemnity bond indemnifying the loss or any litigation in future in this regard
P. Venu
(Expert) 27 July 2024
Has the Cooperative Society been wound up following the due procedure?
kavksatyanarayana
(Expert) 27 July 2024
Without the society body, how do you pay the maintenance fees? Then what about the water supply and repairs for all these years? Did anyone in society take steps to form a new body or complaint to the Jt./Dy.Registrar of Cooperative Societies of your district?
