Death of Member
Relevant Act sections and Model Bye-laws relating to death of member.
Relevant provisions
Nomination by Members
A Member and / or Associate Member of the Society may by writing under his hand, in the prescribed form, nominate a person or persons to whom the whole or part of the shares and / or interest of the Member in the capital / property of the Society shall be transferred in the event of his death. The acknowledgement of the nomination by the Secretary, shall be deemed to be the acceptance of nomination by the Secretary. No fees shall be charged for recording the first nomination. A Member may revoke or revise his nomination, at any time, by making an application, in writing, under his hand, to the Secretary of the Society. The acknowledgement of the variation in nomination / subsequent nomination by the Secretary, shall be deemed to be the cancellation of earlier nomination. Every revision of the nomination shall be charged a fee of Rs. 100/-
Model Bye-laws - Housing Society - English · 2014Transfer of interest on death of a Member
the society shall transfer share, right, title and interest in the property of the deceased Member in the society to a person or persons on the basis of testamentary documents or succession certificate or legal heirship certificate or document of family arrangement executed by the persons, who are entitled to inherit the property of the deceased Member or to a person duly nominated in accordance with the rules: Provided that, society shall admit nominee as a provisional Member after the death of a Member till legal heir or heirs or a person who is entitled to the flat and shares in accordance with succession law or under will or testamentary document are admitted as Member in place of such deceased Member : Provided further that, if no person has been so nominated, society shall admit such person as provisional Member as may appear to the Committee to be the heir or legal representative of the deceased Member in the manner as may be prescribed.
The Maharashtra Co-operative Societies Act, 1960 · Text as on 6 June 2025Disclaimer: The statutory sections and Model Bye-laws displayed here are provided solely for general information and reference. They are not a certified legal publication or a certified copy of any society's registered/adopted bye-laws. Law, rules, notifications and society-specific bye-laws may be amended. In case of any discrepancy, the current official Act, Rules, Government Resolutions, Notifications, Circulars, competent-authority orders and the concerned society's registered/adopted bye-laws shall prevail. Users should verify the current applicable provisions and obtain professional legal advice where required.