Anil Agrawal (Retired) 27 April 2009
Sec.41 of Maharashtra Coop Societies Act, 1960, clearly states that Section 117 of Indian Registration Act does not apply to registration of flats in CHS. Even Inspector general of registration of Maharashtra has posted this information on its website with the rider that registration is not compulsory in a REGISTERED CHS. Then under what law after stamp duty is paid on sale/purchase of flats, we are forced to register the agreement for sale?
Rajendran Nallusamy (Advocate) 30 April 2009
Necessity of registering a document if a person agrees to transfer his right, title or interest in a premises purchased from an owner / promoter / developer to another person before the society is formed It is advisable to get an agreement registered in these circumstances.
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