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Five society members, auditor booked for selling plot cheaply

A member of the society, has filed a complaint with documents showing that the said plot with a ready reckoner rate of Rs 39.81 lakh in 2013 was sold off for Rs 5.45 lakh, said the Cantonment police.

Five members of the working committee of a cooperative housing society in the city and a woman auditor with the cooperative society registrar’s office have been booked for allegedly selling off the society’s prime plot in a clandestine manner.

A member of the society, has filed a complaint with documents showing that the said plot with a ready reckoner rate of Rs 39.81 lakh in 2013 was sold off for Rs 5.45 lakh, said the Cantonment police.

The complainant has alleged that the plot at the time of being transferred had a market value of Rs 1.5 crore.

Police sub-inspector Sachin Wayal said, “We have initiated the process of officially obtaining the documents, following which we will initiate further action in the case.”

According to the complaint, the housing society was registered in 1999, following which 98 members obtained membership. It purchased about 10 acre land. After allotting plots to the member, the society was left with three plots measuring 1,235 square metre, 8,000 square feet and 2,600 square feet. The complaint states that these plots are owned by the society members and that it was mandatory for the working committee to take their consent before any deal.

“The chairman of the society illegally transferred the plot measuring 1,235 square metres in the name of his elder brother and two of his close contacts. After an objection was raised to the transaction, the office bearers allegedly forged the minutes of the society meeting and the resolution of a meeting that was never held,” the complainant has alleged.

As per the audit carried out by the cooperative society registrar’s office, the date of passing resolution by the working committee of the society does not match with the dates of the meetings held in 2013-14.

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