Wether property acuried in auction purchase can occpiers can regiter soceity
yash
(Querist) 12 January 2013
This query is : Resolved
A property construted by the builder and developer and sold to respective purchasers and soceity was not formed by the builder. In the mean while due to non payement of taxes to Municipal corporation by the purchasers , the municipal corporation have auctioned the entire property/entire building have been sold in auction sale and property was purchased by the auction purchaser and after laps of more than 20 years the respective purchaser have trying to register the soceity under Maharshtra Co-operative Soceities Act, 1960. whether they can register soceity without the permision of the purchaser who purchased the property in auction sale kindly advise are there judgements in favor for registration and or against registarion. kindly advise
ajay sethi
(Expert) 12 January 2013
for formation of society you need to satisfy requirement laid down by mahrashtra cooperative socites act . you need minimum number of 10 members to form cooperative society .only one auction purchaser cannot form society
yash
(Querist) 12 January 2013
if entire building along with land is sold in auction what will be the remeday available to the auction purchaser in this event.
