Within the confines of a cooperative housing society, maintaining a sense of integrity and adherence to regulations is paramount for a harmonious living environment. However, there are circumstances outlined in the Model Bye-Laws of Cooperative Housing Society in India where… 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
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