Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 1] [Section 80] [Entire Act]

State of West Bengal - Subsection

Section 80(1) in The West Bengal Co-Operative Societies Act, 1983

(1)On the death of a member of a co-operative society [, other than a central society,] [Words inserted by West Bengal Act 21 of 1990.] his share or interest in the co-operative society shall, subject to the provisions of sections 57 and 78 and to the further provisions of this section, be transferred-
(a)to the person, if any, nominated under section 79; or
(b)if there is no nominee or if the existence or residence of the nominee cannot be ascertained by the board or if, for any other cause, the transfer cannot be made without unreasonable delay, to the person who (subject to the production by such person of probate, letter of administration or succession certificate) appears to the board to be entitled in accordance with the rules to the possession of such share or interest as part of the estate of the deceased member; or
(c)on the application of the person referred to in clause (b) within three months from the date of death of the member, to such person as may be specified in the application.