Dear Sirs,
One of My friend has purchased an flat in 1994 in a Co operative Housing Society. He has paid the stam duty applicable at that time but dint registered the Document as he thought the Registration is not compulsory as give under Section 41 of Maharashtra Co Operative Socities Act, 1960.
Now he wants to sell that flat but his advocate says that as the document is not registered he cannot sell the property till he gets it registered.
My Query is IS registration compulsory or he can take the shelter under Section 41.
Kindly advice.