Cooperative Law Archives

Supreme Court Orders Disbursement of ₹5000 Crores from Sahara-SEBI Refund Account to Sahara Cooperative Depositors (29 March 2023)

March 29, 2023 / C.T. Ravikumar, Cooperative Law, Court-Monitored Disbursement, Depositor Rights, Disbursement of Funds, Judges, M.R. Shah, Public Interest Litigation, R. Subhash Reddy, Sahara Group Cooperative Societies, Sahara-SEBI Refund Account

Supreme Court Orders Disbursement of ₹5000 Crores from Sahara-SEBI Refund Account to Sahara Cooperative Depositors LEGAL ISSUE: Disbursement of funds from the Sahara-SEBI Refund Account to legitimate depositors of Sahara Group Cooperative Societies. CASE TYPE: Cooperative Law, Public Interest Litigation. Case Name: Pinak Pani Mohanty vs. Union of India and Ors. [Judgment Date]: 29 March […]

Supreme Court Orders Disbursement of ₹5000 Crores from Sahara-SEBI Refund Account to Sahara Cooperative Depositors (29 March 2023) Read Post »

Supreme Court Orders Release of ₹5000 Crores for Sahara Depositors: Pinak Pani Mohanty vs. Union of India (29 March 2023)

March 29, 2023 / C.T. Ravikumar, Cooperative Societies Law, Depositor Rights, Disbursement of Funds, Inherent Powers, Judges, M.R. Shah, R. Subhash Reddy, Sahara Group, Supreme Court of India

Supreme Court Orders Release of ₹5000 Crores for Sahara Depositors (2023) Date of the Judgment: 29 March 2023 Citation: 2023 INSC 3202 Judges: M.R. Shah, J. and C.T. Ravikumar, J. Can thousands of small depositors get back their hard-earned money stuck in a long-standing financial dispute? The Supreme Court of India addressed this pressing issue

Supreme Court Orders Release of ₹5000 Crores for Sahara Depositors: Pinak Pani Mohanty vs. Union of India (29 March 2023) Read Post »

Supreme Court Upholds Cooperative Society’s Right to Redevelop Property: Bengal Secretariat Cooperative Land Mortgage Bank vs. Aloke Kumar (2022)

October 13, 2022 / Constitutional Law, Constitutional Law with Article 227, Cooperative Law, Cooperative Society Autonomy, J.B. Pardiwala, Judges, S. Ravindra Bhat, Uday Umesh Lalit, West Bengal Co-operative Societies Act, 2006 with Section 28, West Bengal Co-operative Societies Rules, 2011 with Rule 21

Supreme Court Upholds Cooperative Society’s Right to Redevelop Property: Bengal Secretariat Cooperative Land Mortgage Bank vs. Aloke Kumar (2022) LEGAL ISSUE: Whether a cooperative society can engage a third-party developer for property redevelopment. CASE TYPE: Cooperative Law, Property Law Case Name: The Bengal Secretariat Cooperative Land Mortgage Bank and Housing Society Ltd. vs. Sri Aloke

Supreme Court Upholds Cooperative Society’s Right to Redevelop Property: Bengal Secretariat Cooperative Land Mortgage Bank vs. Aloke Kumar (2022) Read Post »

Supreme Court Upholds Cooperative Society’s Right to Redevelop Property: Bengal Secretariat Cooperative Land Mortgage Bank vs. Sri Aloke Kumar (2022)

October 13, 2022 / J.B. Pardiwala, Judges, S. Ravindra Bhat, Uday Umesh Lalit, West Bengal Co-operative Societies Act, 2006, West Bengal Co-operative Societies Act, 2006 with Section 28, West Bengal Co-operative Societies Rules, 2011, West Bengal Co-operative Societies Rules, 2011 with Rule 21

Supreme Court Upholds Cooperative Society’s Right to Redevelop Property: Bengal Secretariat Cooperative Land Mortgage Bank vs. Sri Aloke Kumar (2022) Date of the Judgment: October 13, 2022 Citation: (2022) INSC 1234 Judges: Uday Umesh Lalit, CJI, S. Ravindra Bhat, J., J.B. Pardiwala, J. Can a single member of a cooperative society stall a redevelopment project

Supreme Court Upholds Cooperative Society’s Right to Redevelop Property: Bengal Secretariat Cooperative Land Mortgage Bank vs. Sri Aloke Kumar (2022) Read Post »

Supreme Court Directs Compensation in Housing Society Dispute: Maharashtra State Cooperative Bank vs. Farmer Bank Employees Society (2019)

November 14, 2019 / Consumer Protection Act, 1986, Consumer Protection Act, 1986 with Section 2(1)(o), Cooperative Housing Society, Cooperative Law, Deficiency in Service, Indira Banerjee, Judges, Uday Umesh Lalit

Supreme Court Directs Compensation in Housing Society Dispute: Maharashtra State Cooperative Bank vs. Farmer Bank Employees Society (2019) LEGAL ISSUE: Whether a cooperative bank is deficient in service for not transferring land to its employees’ housing society and whether the society is entitled to claim interest in the remaining land. CASE TYPE: Consumer Dispute Case

Supreme Court Directs Compensation in Housing Society Dispute: Maharashtra State Cooperative Bank vs. Farmer Bank Employees Society (2019) Read Post »