In a decision which will provide relief to residents, the Finance Department of the UT Administration has simplified the procedure for the issuance of a no-objection certificate (NOC) in all transfer cases of leasehold property.
Sources said while issuing directions to the Estate Office, Finance Secretary Sarvjit Singh had made it clear that the NOC should not be withheld on account of pending cases of violation of building rules provided that the transferee indemnified by way of an affidavit that he or she would personally be liable for settling all court cases and dues so levied by the Administration for settling past liabilities.
The sources said the clarification had been issued by the Finance Department after the Estate Office made some observations on the removal of the condition of obtaining an NOC from it for the transfer of leasehold property. The Finance Department had earlier issued an order on February 19 stating that the Estate Officer would allow the transfer of leasehold property to the intending purchaser without insisting an on obtaining an NOC from the Estate Office by the original lessee of the said property.
The Administration had earlier passed a similar order for the transfer of freehold property in 2013. However, the Estate Office had an apprehension that the order might be misused and some people might get the transfer done without paying the due amount to it.
In the order, the Finance Department, while agreeing to continue with the NOC clause, made the procedure simple. The latest order clarified that the seller has to complete all other formalities before the transfer takes place.
Property Consultants Association chairman Tarlochan Singh Bittu welcomed the decision to continue with the NOC clause in transfer cases of leasehold property. He said the NOC clause should also be made mandatory in transfer cases of freehold property.
Source Chandigarh tribune , June 3 june 2016