What happens to a society flat if there is no nomination? नामनिर्देशन नसेल तर सदनिका वारसांना कशी मिळते?
Short answer
Under bye-law 34, within 6 months of learning of the death, the society invites claims/objections by a public notice on the notice board and in at least 2 newspapers. After inquiry the committee decides the heir, who must give an indemnity bond. If there are several claimants, they name one by affidavit; if they cannot agree, a court succession certificate is required.
Related bye-laws
Bye-law No. 34: Transfer to heirs where no nomination
If there is no nomination or no nominee comes forward, the Society invites claims/objections within 6 months by notice on the board and in 2 newspapers (cost recovered from the deceased's share). After inquiry the Committee decides the heir, who gives an indemnity bond. If claimants disagree, a succession certificate from court is required. If no claimant, the interest vests in the Society.
Bye-law No. 33: Transfer to nominee on death
On a member's death the Society transfers the shares and interest to the nominee(s). Nominees must apply for membership within 6 months. Multiple nominees apply jointly naming who becomes member; others become associate members. An indemnity bond is required. Note: membership through nomination is held in trust until all legal heirs are on record – no ownership right and no third-party interest may be created.
Other questions
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