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Home Cooperative Queries

Query of Dr.Mehar Chand

Mr. I C Naik by Mr. I C Naik
November 2, 2016
in Cooperative Queries
0
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Can a nominee stand for elections.A nominee in only a trustee or a custodian on behalf of the heirs.
He does not come under any definition of member or associate member .please elucidate.

I C Naik

The Latest Model (2014) has Bye-Law No 34 containing a Note according to which Nominee (Unless he is a sole legal heir) shall not have the right to ownership and shall not create third party interest or alienation in any way whatsoever. This prohibition does not affect other rights as a member includig join the Committee..

Tags: bye lawscommitteecooperativenominee
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