Supreme Court of India
Ishwar Nagar Co-op.house Building Society v. Parma Nand Sharma and Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
In view of the above position, it may be deduced that the power to frame rules given under s. 97(1) of the Act is not G controlled by 1he list mentioned in sub section (2) and the Lt.
Judgment, page 18
From the headnote
Delhi, Cooperative Societies Rules, 1973: r.25(2) - Retrospective or prospective in effect - Held: r.25(2) operates in future, though the basis for taking action is the factum of acquiring a plot in the past - Thus, when by virtue of r.25(2), a member is deemed to have ceased to be 0 a member of the society, the cessation operates from April 2, 1973, when the rules came into force - Merely because a person who had become a member of the society at a point of time when the disqualification mentioned in r.25 was not in existence and because of the said rule would cease to be a member of the
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