RAJ RANI & ORS. ETC. vs DELHI ADMINISTRATION & ORS.

The Supreme Court addressed the legality of the actions taken by the nominated Managing Committee of the New Friends Co-operative House Building Society under the Delhi Co-operative Societies Act, 1972, specifically examining Rules 24, 25, and 30. The Court held that the mandatory nature of share money payment rules must be adhered to, and that the allotment of new memberships without proper procedures constituted mala fide actions. The Court ultimately restrained the Society from declaring members as defaulters and from enrolling new members without following due process.