I would like an expert opinion on my case as below.
I own a flat in co-op hsg soc in Mumbai that is in my name as primary holder and my mother as joint holder. In 2002 i transferred the the name of my mother to my wife in the presence of my mother duly signed by her. the society commitee of then of 2002 had processed the transfer by all legalities and also issued me the share certificate. So right now i do have a share certificate that clearly states, the flat is owned by me as primary holder and my wife as joint holder. However, the current society comitte has raised an objection on this transfer now in 2013 that the transfer done in 2002 was incorrect and it will be nullified. Meaning the flat shall be named after me and my mother.
Pls advice on this. If the society comitte in 2002 faulted in the transfer legalities am i suppose to bear the loss or pay for it?
What would be the possible solution for this. How should i tackle this.. Also please note that my mother is no more and she passed away in 2007.
Appreciate your assistance on the same.