Urgent - tenants co-partnership co-operative society.

Ria (Querist) 26 January 2012 This query is : Resolved
Respected Experts,

Respected Experts,

Can I purchase a flat on individual ownership in a Tenants co-partnership co-operative society, and later resell it to someone else ?

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Raj Kumar Makkad (Expert) 26 January 2012
Yes, you can do so if bye-laws of that society allow you.

prabhakar singh (Expert) 26 January 2012
Yes! you can do subject to by laws of the society.

Devajyoti Barman (Expert) 26 January 2012
yes, no bar is there...

Sailesh Kumar Shah (Expert) 27 January 2012
Check bye-laws before do such. It seems that you wish to take profit on sale-purchase and purpose is not residing.

H.M.Patnaik (Expert) 27 July 2016
Normally , bye laws of any society does not restrict subsequent sale or purchase. However, for your safety, you may check the document for the purpose.

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