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Legal Question

Asked on: 8/31/13, 10:42 am

can you pls tell me if any stamp duty or any other fee is applicable for the below . There is propert in name of 4 members (brother +3 sisiters ). I am a nomiinee of all share memebers.

One of the member expired and property of that share is getting transfered in nominee's name .All required papers have been submiited . It is a co operative society.

2 Answers


Answered on: 9/01/13, 7:32 am by Fca Prashant Chavan

01.09.2013

Dear Sir / Madam,

No Stamp Duty is required to be paid, to file a Nomination paper of the legal heir with the Society.

Regards,


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Expert Edge LLP prashant.pscl07@gmail.com "always A Step Ahead", Mumbai 52

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Answered on: 9/02/13, 12:10 am by Shrichand Nahar

Transfer of shares on death of member in favour of a nominee does not require any stamp duty.


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S.V.Nahar, Advocate Pune, 411004

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