Prafulla 18 February 2020
Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108) 19 February 2020
1. IF property transaction has taken place in Maharashtra, THEN under the provisions of Maharashtra Coop. Societies Act, Rules & approved Bye-Laws, property transaction between blood-relatives, does not attract "Share Transfer Premium". However the following is applicable:
a) Membership Entrance Fees: 100/-
b) Membership Transfer Fees: 500/-
c) Share Transfer Fees: 0/-
2. For other States than Maharashtra, kindly prefer to check the Society Bye-Laws, for more details.
Keep Smiling .... Hemant Agarwal
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SHIRISH PAWAR, 7738990900 (Advocate) 19 February 2020
G.L.N. Prasad (Retired employee.) 19 February 2020
I am afraid that property transactions blood relatives means legal heirs etc., through family settlement deeds and not outright sales registration.