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NCT Delhi - Section

Section 78 in The Delhi Co-Operative Societies Act, 2003

78. Provision for nomination.

(1)Every member of a co-operative housing society shall nominate a person or persons to whom in the event of his death his right and interest in such cooperative housing society shall be transferred.
(2)The member of the co-operative housing society shall have right to change the nomination at any time.
(3)There shall not be more than one nomination subsisting at any time: Provided that joint and more than one nomination within the blood relation shall be permissible.