: Wednesday, May 26, 2021, 7:00 AM IST Nominee in the shares of a co-op society is not the owner â Recent amendment to the Maharashtra Co-op. Societies Act reaffirms the position in law Background The ongoing pandemic has had a devastating effect on the lives of every Indian, with many losing their loved ones a little too early and without any chances of saying goodbye. The impact which the pandemic shall have can only be assessed once the dust settles and it is likely to lead to a vast influx of litigation flooding our courts. As the death toll increases with each passing day, unfortunate as it maybe, inevitably this may lead to an increase in succession and property related disputes posing issues of inheritance. While, the law of succession is more or less settled as a result of various judgments of the Supreme Court and the High Courts, the competing rights of the nominee and the legal heir have always been a matter of debate. This debate finds its way onto the aspects of the inheritance of bank accounts, fixed deposits and shares in a company. However, perhaps the most significant of all is the aspect of inheritance of immovable property, especially in cities such as Mumbai where real estate plays a major role in the economics of the city. This article attempts to provide a brief primer on the following aspect of the law: