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Nominee in the shares of a co-op society is not the owner – Recent amendment to the Maharashtra Co-op. Societies Act reaffirms the position in law

: 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 o ....

Indrani Wahi , Supreme Court , Registrar Of Society , High Courts , Co Operative Society , Maharashtra Co Operative Societies Act , Maharashtra Co Operative Societies , உச்ச நீதிமன்றம் , பதிவாளர் ஆஃப் சமூகம் , உயர் நீதிமன்றங்கள் , இணை செயல்பாட்டு சமூகம் , மகாராஷ்டிரா இணை செயல்பாட்டு சமூகங்கள் நாடகம் , மகாராஷ்டிரா இணை செயல்பாட்டு சமூகங்கள் ,

Redevelopment of Mumbai's old buildings hits Covid wall

Redevelopment of Mumbai s old buildings hits Covid wall
The delay in the process of redevelopment projects, however, will still prove to be a key issue restricting the supply of housing and impacting the pricing, too.
Synopsis
These housing societies, which operate under the Maharashtra Co-Operative Societies Act 1960, are allowed to conduct managing committee meetings that usually deal with day-to-day administration of societies in both physical and virtual mode. The provision for virtual management committee meetings was introduced in April 2020, following the announcement of the lockdown by the government.
The ongoing Covid-19 pandemic has posed a major challenge to the redevelopment of old and dilapidated buildings in Mumbai, as housing societies in Maharashtra are not allowed to hold general or special general body meetings that enable important decisions. ....

Maharashtra Co , Maharashtra Co Operative Societies Act , Special General Body Meetings , Navi Mumbai , Mumbais Old Buildings , Housing Societies , Deepak Parekh , Brihanmumbai Developers Association , மகாராஷ்டிரா இணை , மகாராஷ்டிரா இணை செயல்பாட்டு சமூகங்கள் நாடகம் , சிறப்பு ஜநரல் உடல் கூட்டங்கள் , நவி மும்பை , மும்பைச் பழையது கட்டிடங்கள் , வீட்டுவசதி சமூகங்கள் , தீபக் பரேக் , ப்ரிஹுன்மும்பை டெவலப்பர்கள் சங்கம் ,