SOCIETY SHARE CERTIFICATE LOST / MISPLACED :
Society Share Certificate Lost ads in 2 Newspapers starts 890/- onwards
If your society share certificate gets lost / misplaced the society issues duplicate share certificates after 14 days once it appears in one English & one regional language newspaper.
To begin with, you can submit an application for duplicates, along with an indemnity bond, to your society. The latter is a contract, wherein you promise to make good any loss that may arise in case the original instrument is presented. Since some people mortgage originals as security with banks and then ask for duplicates, the society may ask you to give an undertaking that you have lost the originals in order to avoid fraud.
The society will then invite objections by affixing a notice to its notice board as well as through a notice in the newspaper. You may be asked to foot the associated costs, and some societies even expect you to publish the share certificate lost ad on your own.
The Intention of the society is to invite claims and objections from any claimant / objector for issuance of share certificate to the member. If no objection / claim is received than the society proceeds to issue a duplicate share certificate
You may state the choice of your desired two newspapers however, our choice of newspapers is cheap, acceptable in courts, housing societies and may cost you as low as 890/-
Different template options for loss of society share certificates are placed on both the sides of the page to suit your budget. Though all look the same, however there is a small difference. what is the difference ? The templates on the right side of the page are strictly as per the bye-laws of the society, whereas the templates on the left side of the page are designed to control the cost of the share certificate lost ad. You may show the templates to your society if required and than place the ad.
Just click on to the Download button of the ad of your choice and reframe the ad with your content and email it back to us at email@example.com
For more details call us on 022-23734638 / 23708196 / 9821566223