Membership in a housing society isn’t indefinite. There are various circumstances outlined in the Model Bye-Laws of Cooperative Housing Society in India that lead to the cessation of a person’s membership. It’s crucial to comprehend these conditions to navigate the… Read More
Can one demand the payment of the value of shares and interest of a deceased member in the Capital/property of the society?
In any cooperative society, the unfortunate event of a member’s passing can lead to a complex situation regarding the inheritance of their shares and interests in the capital or property of the society. The handling of such matters is governed… Read More
As per the bye-laws who are eligible to seek membership in a co-operative housing society?
Cooperative housing societies in India play a pivotal role in providing housing solutions to citizens across the nation. Governed by specific bye-laws and regulations, these societies ensure a structured framework for membership eligibility. Understanding who is eligible to seek membership… Read More
How to transfer the shares and interest of a deceased member in the Capital/property of the society to the nominee?
Transferring the shares and interests of a deceased member in a society to a nominee is a crucial process that involves legal and procedural steps to ensure a smooth transition of ownership. When a member of a society passes away,… Read More