Housing Society denying share certificates

[Dr. Ashok Dhamija]

As far as I understand, it is the right of the member of the society to get his share certificates. These share certificates are issued to show his membership rights in the society. If there is any default committed by a member against the rules of the society, then the society can take action in accordance with legal provisions applicable. However, refusing to issue the share certificate appears to be wrong.

At the same time, you should also check the relevant Societies Act applicable in your state and also the byelaws of your society.

     

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Dr. Ashok Dhamija is a New Delhi based Supreme Court Advocate and author of law books. Read more about him by clicking here. List of his Forum Replies. List of his other articles. List of his Quora Answers. List of his YouTube Videos.

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