We, 200 homebuyers, purchased plots from a developer who promised water, electricity, roads, and a clubhouse, but hasn’t delivered. We have registered our ownership with the 7/12 extract. Now, we’re thinking of taking legal action. Should we form a society or association to fight this? The developer is refusing to give an NOC for society formation. What can we do? Also, if we form a society, can we, through a majority vote at a General Meeting, decide to pool funds to complete the unfinished infrastructure ourselves?

Apni Law
Apni Law
Law Forum › Category: Consumer Court › We, 200 homebuyers, purchased plots from a developer who promised water, electricity, roads, and a clubhouse, but hasn’t delivered. We have registered our ownership with the 7/12 extract. Now, we’re thinking of taking legal action. Should we form a society or association to fight this? The developer is refusing to give an NOC for society formation. What can we do? Also, if we form a society, can we, through a majority vote at a General Meeting, decide to pool funds to complete the unfinished infrastructure ourselves?
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Apni Law Staff asked 1 year ago

We, 200 homebuyers, purchased plots from a developer who promised water, electricity, roads, and a clubhouse, but hasn’t delivered. We have registered our ownership with the 7/12 extract. Now, we’re thinking of taking legal action. Should we form a society or association to fight this? The developer is refusing to give an NOC for society formation. What can we do? Also, if we form a society, can we, through a majority vote at a General Meeting, decide to pool funds to complete the unfinished infrastructure ourselves?

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Best Answer

Apni Law Staff answered 1 year ago

Forming a society or association can strengthen your collective bargaining power and legal standing against the developer. While the developer’s refusal to provide an NOC may be a hurdle, you can explore alternative ways to register the society. Regarding pooling funds, a majority vote at a General Meeting can authorize such action, but it’s essential to ensure compliance with relevant laws and regulations, especially regarding property ownership and financial management. Consulting legal experts is advisable.

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