Comment on Co-operative Society cannot refuse to give NOC by Vikram Patgaonkar.
This question is regarding cooperative housing society. We have an apartment in a plotted cooperative housing society. The apartment is the main member of the society and the residents are nominal members. Now if one of the flat owners of the apartment wishes to sell his/her flat is it mandatory for the owner to obtain a NOC from the other residents of that apartment? Can the society issue a NOC only after the other residents have given their NOC?
Can the residents sign an agreement within them which restricts them from selling the flat to an outsider?