Ramdas Sattur v. Rameshchandra Shah AIR 2009 (NOC) 2058 (Bom.) (HC)

Maharashtra Co-operative Societies Act ,1960
S.30 :Nominee – Nominee does not become ‘owner’ of property after death of member – Not competent to enter into ‘Agreement of Sale’ of property to the exclusion of legal heirs.[ Companies Act 1956 , S. 109A ]

Nomination by a member of society is for the purpose of dealing with the society. Nominee does not become ‘owner’ of property after death of member to the exclusion of legal heirs of deceased. So nominee is not competent to enter into ‘Agreement of Sale’ of property to the exclusion of legal heirs.