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  • Succession Laws

Succession Laws

Nominee Can Obtain Money Lying In Deceased Depositor’s Bank Account But Money Received Would Be Subject To Succession Laws: Allahabad HC
High Courts

Nominee Can Obtain Money Lying In Deceased Depositor’s Bank Account But Money Received Would Be...

Tulip Kanth18 Nov 2024 7:00 PM IST

The Allahabad High Court clarified that the nominee has a right to obtain money from the depositor’s bank account after the depositor's death but...

Nominee Of Deceased Share Holder Does Not Get Absolute Ownership; Nomination Process Under Companies Act Does Not Override Succession Laws: SC
Supreme Court

Nominee Of Deceased Share Holder Does Not Get Absolute Ownership; Nomination Process Under Companies...

Verdictum News Desk18 Dec 2023 8:30 PM IST

The Supreme Court observed that a nominee of a deceased share holder does not get absolute ownership. In that context, the Bench...

Verdictum

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