High Court of Bombay at Nagpur Dismisses Petition Challenging Cooperative Court Orders in Housing Society Dispute — Petitioner Failed to Comply with Loan Requirements, Forfeiture of Share Money Upheld. The court held that the society's requirement to submit income tax documents or deposit Rs. 6000/- was reasonable and the petitioner's failure to comply justified the forfeiture under the Maharashtra Cooperative Societies Act, 1960....
The petitioner, Hirabai Verma, was a member of the MahaLaxmi Cooperative Housing Society (respondent no. 1). The society was formed to operate housing schemes for its members. In 1979, the society all...




