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Home Cooperative Queries

Query of Suryakant Raithatha

Staff Reporter by Staff Reporter
November 14, 2018
in Cooperative Queries
0
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I seek your advice on the point

A shop was purchased in three name –1) Father -“A”  2) Elder son  “B” and 3) younger son “C”

Facts : Father has expired in the year 2000. In the year 2018, Release deed was executed by the family member (daughters of “A”) in favour  therefore the name of “A” was deleted from the membership and on share certificate issued by the society

Now “C” desire to give gift to “B”, is there any restriction for the same?

Please advice,

I C Naik

FOLLOW THE EARLIER PROCEDURE OF RELEASE DEED- SIMPLE

Tags: cooperativeFatherMembershipSimple
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