https://www.taxtmi.com/caselaws?id=194532 A nomination under Section 30 of the Maharashtra Co-operative Societies Act, 1960 read with Rule 25 is only for facilitating the society's dealings after a member's death and securing valid discharge to the society. It does not vest absolute ownership in the nominee, who holds the share or interest in a representative capacity. The provision also does not create a special rule of succession or override the applicable personal law governing inheritance. The nominee's authority is limited to administration of the society's records and dealings until the estate is distributed according to law. en-us Thu, 09 Apr 2009 00:00:00 +0530 Tue, 12 Sep 2017 18:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194532 A nomination under Section 30 of the Maharashtra Co-operative Societies Act, 1960 read with Rule 25 is only for facilitating the society's dealings after a member's death and securing valid discharge to the society. It does not vest absolute ownership in the nominee, who holds the share or interest in a representative capacity. The provision also does not create a special rule of succession or override the applicable personal law governing inheritance. The nominee's authority is limited to administration of the society's records and dealings until the estate is distributed according to law. Case-Laws Indian Laws Thu, 09 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194532