Amendment status not verified — confirm the current text below against the official source.
Nomination of persons.- (1) For the purpose of transfer of his share or interest under sub-section (1) of section 30, a member of a society may, by a document signed by him or by making a statement in any book kept for the purpose by the society nominate any person or persons. Where the nomination is made by a document, such document shall be deposited with the society during the members life time and where the nomination is made by a statement, such statement shall be signed by the member and attested by one witness. (2) The nomination made under sub-rule (1) may be revoked or varied by any other nomination made in accordance with that sub-rule. (3) (i) Where a member of a society has not made any nomination, the society shall on the member’s death, by a public notice exhibited at the office of the society, invite claims or objections for the proposed transfer of the share or interest of the deceased within the time specified in the notice. (ii) After making into consideration the claim or objections received in reply to the notice or otherwise, and after making such inquires as the committee considers proper in the circumstances prevailing, the committee shall decide as to the person who in its opinion is the heir or the legal representative of the deceased member and proceed to take action under section 30.