https://www.taxtmi.com/caselaws?id=256334 In a co-operative housing society, forfeiture of a member's interest under SAFEMA vested in the Central Government only the rights and title actually enjoyed by the member, not any greater interest than the member possessed. As the society retained ownership of the land and the parties were willing to facilitate a sale, the Court directed the respondents to identify a purchaser, allowed the petitioners to suggest buyers, and required a joint application to the society after the sale was finalised. The transfer was to be made only in favour of a qualified purchaser admitted as a member, subject to lawful dues and transfer charges. en-us Fri, 07 Nov 2014 00:00:00 +0530 Sat, 06 Jun 2015 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256334 In a co-operative housing society, forfeiture of a member's interest under SAFEMA vested in the Central Government only the rights and title actually enjoyed by the member, not any greater interest than the member possessed. As the society retained ownership of the land and the parties were willing to facilitate a sale, the Court directed the respondents to identify a purchaser, allowed the petitioners to suggest buyers, and required a joint application to the society after the sale was finalised. The transfer was to be made only in favour of a qualified purchaser admitted as a member, subject to lawful dues and transfer charges. Case-Laws FEMA Fri, 07 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256334