1. The Society Bye-Laws states that NOC is not required for Sale of Flat. However said Society NOC shall be required by Buyer party for any Bank Loan formalities.
2. It is mandatory for the Society to keep a photocopy of the members Sale Agreement, on its records, for all futuristic references and to maintain its records & registers, without which membership transfers is not possible. There is no legal risk in giving photocopy of Sale Agreement, to Society and neither it can be misused in anyway, since nowadays all property transactions are compulsorily computerized and needs to be registered in presence of Seller & Buyer parties.