High Court of Karnataka Allows Subsequent Purchasers' Appeal for Membership in Housing Co-operative Society — Bye-Laws Do Not Bar Transfer of Shares and Interest in Favor of Non-Members. Transfer of shares and interest in a housing co-operative society to a non-member is permissible under the Karnataka Co-operative Societies Act, 1959 and the Society's bye-laws, and the subsequent purchaser is entitled to membership upon application.
29 Jan 2016The appellants, who were subsequent purchasers of flats in a housing co-operative society, filed an appeal against the order of the learned Single Jud...
