

Rtn. Adv. Hiralal
Suthar spoke on the “Disputes and Resolutions” under co-operative laws and highlighted
the nature of disputes in co-operative housing and premises societies and the
reasons for the same. He brought to the notice avenues for resolutions of these
disputes. He further observed that the national policy on co-operatives
formulated in 2002 has been implemented through 97thAmendments of the
Constitution. He highlighted various issues the adjudication of which comes within
the jurisdiction of Registrar as well as certain other issued over which the Co-operative
Courts exercise jurisdiction. He also highlighted that arbitration, reconciliation,
Lok Adalat and mediation are also integral part of the dispute resolution mechanism.
The meeting was
well attended despite heavy rains and there was a lively question and answers session.
Concluding the
talk,CA Shri Ramesh Prabhu informed that the next topic for discussion on
Sunday, 5th August 2018 will be “Redevelopment” and Adv. Rtn.
Hiralal Suthar confirmed that the next topic fordiscussions will be transfer of
shares and interest in a co-operative housing and premises societies on sale, gift,
release of interest or part thereof, transfer to the nominee and transfer to
legal heirs on demise of member as well as transfers following the Will of a deceased
member and will also analyse the Supreme Court Judgement in re. “IndraniWahi”
dealing with transfer to a nominee which has gone viral on social media
creating serious confusion.
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