(1) In case of death of a member, the shares in his name and the right received by him from the organization or association shall be transferred to the name of the right holder as per the prevailing law, if there is any right holder nominated by him according to rule 9. will fall However, if such a holder does not have the qualifications specified in the regulations to obtain membership, he/she can file an application saying "Get the name transfer to the name of another holder eligible for membership" within 6 months from the date of the death of the member, and in such a case, the name transfer should be given to the name of that holder.

(2) ) According to sub-rule (1), if the right holder of the deceased member does not want to get the name transfer done, the share amount received by him must be returned to such right holder. If the claimant is a minor or his mental balance is not sound, the share amount received by the deceased member must be returned to the guardian of such claimant in the presence of at least two witnesses.