1) Mr. K is the nominee in co-op Hsg. Society Ltd.
2} Flat In The Name of Three Person i.e. (i) Mrs. C (ii) Mr.V (iii) Mrs. J
3) Mrs. C is the Wife of MR.V, is Bhabi of Mrs.J, is Mami of Mr.K
4)Mr.V was Mama Of Mr.K
5)Mrs. j is Mother of Mr.K
4)All Three Flat Owner Nominated Mr.K
Now Mr.V Died On 19.09.99.
As Per Nomination Mr.K Is Applied For Membership To The Society (Undr The Bye-Laws No.34) On 01.09.14.
Mr.K Submitted Noc From Mrs.C & Mrs.J To Transfer 1/3rd Undivided Shares Of Mr.V In Name Of Mr.K (Nominee).
INDEMNITY BOND GIVEN BY MR.K
Also Given Paper Notice & There Is No Objection Or Claim.
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Following the question.
- Now can Society Transfer The 1/3 rd Undivided Shares In The Name of Mr. K ?
- In the above case is any registration or stamp duty necessary?
- Can we apply for loan from bank?
- After transfer the 1/3 rd Undivided Shares In The Name of Mr. K On basis of Nomination & Mami is legal hire .then that share Mami can give gift to Mr.k?