Rights of "nominee" as per cooperative society act
AK New Delhi
(Querist) 05 March 2012
This query is : Resolved
I want to know the rights of a NOMINEE who inherits the property after the death of the owner as per the Haryana Cooperative Society act 1984. There are other legal heirs of the deceased.
Does the NOMINEE have the complete ownership rights as per the act?
prabhakar singh
(Expert) 05 March 2012
There are other legal heirs of the deceased.
Does the NOMINEE have the complete ownership rights as per the act?
NO is the answer as all legal heirs would be entitled to inherit.
Raj Kumar Makkad
(Expert) 05 March 2012
Nominee is only entitled to get the entire benefits from the society but he is not the exclusive owner of the benefits. The benefits got from the society shall remain available to all legal heirs of the deceased person as per their respective share. There is no any preferential share to the nominee.