The following Co-operative Group Housing Societies are persistent defaulter in payment of loan installments etc. to the Delhi Co-operative Housing Finance Corporation Ltd. and execution proceedings are pending against them for the recovery of the defaulted amount from these societies and their members under the provisions of Delhi Co-operative Societies Act.
In view of the above, all concerned through this Public Notice are hereby advised to refrain from entering in to any transaction relating to properties of the following Co-operative Group Housing Societies without prior written approval of DCHFC Ltd. as their properties are mortgaged to the Delhi Co-operative Housing Finance Corporation Ltd. (Formerly known as ‘Society’) as a security for loan raised for the construction of society’s flats. This will cover even transactions under the Power of Attorney. Creation of any Third Party Interest / Charge of the mortgaged property is illegal and void. |
