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No CIDCO nod required for society split, says HC
The Free Press Journal - Mumbai
|November 16, 2025
The court observed that importing an external approval requirement where the statute is silent would be contrary to the legislative scheme
The Bombay High Court has held that bifurcation of a cooperative society under Section 18 of the Maharashtra Cooperative Societies Act, 960, does not require prior permission from the City and Industrial Development Corporation (CIDCO), and that registration of a newly constituted society itself effects the necessary transfer of assets and liabilities as contemplated by the statute.
The court observed that importing an external approval requirement where the statute is silent would be contrary to the legislative scheme, legal portal Live Law has reported.
Justice Amit Borkar was hearing writ petitions filed by Balaji Tower Coop Housing Society and others challenging the appellate order, which had set aside the Joint Registrar's decision directing bifurcation of Shree Ganesh CHS Ltd. (Respondent No. 4) into two separate societies.
Cette histoire est tirée de l'édition November 16, 2025 de The Free Press Journal - Mumbai.
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