নমিনীর অধিকার শেষ | Nominee Right Ends ❌NEW Supreme Court Judgement | Nominee Not Entitled For Money 

নমিনীর অধিকার শেষ | Nominee Right Ends ❌NEW Supreme Court Judgement | Nominee Not Entitled For Money
Nominee Right Ends - NEW Supreme Court Judgement | Nominee Not Entitled to Use Money
What is a nominee name mean?
Who is a nominee in bank account?
In simple words "Nominee" is the name of the person who will receive the proceeds of the account or investment in case the holder or the owner demise unexpectedly.
In this video I will discuss about that latest judgement of Hon'ble Supreme Court related to Nominee or nomination. This important judgement of Supreme Court in which it explained the rights of nominee and explained the whole concept of nominee. Supreme court: Nomination v. Succession - SC Finally Settles the Debate. To know the detailed information watch this video till end.
🟨 NOMINEE Definition & Meaning-
a person in whose name title to real estate or ownership of stock is held but who is not the actual proprietor or holder.
🟨 In India, a nominee is a person chosen by an account holder to receive the benefits or assets in case of the account holder's death. Nomination can be done for various financial instruments like bank accounts, insurance policies, and investments.
🟨 Act and Section in this video:
Section 8 of Hindu Succession Act, 1956 & Section 39(7) of Insurance Law (Amendment) Act, 2015, Indian Succession Act, 1925
Nominee Right Ends - NEW Supreme Court Judgement | Nominee Not Entitled to Use Money
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#family_pension #gratuity #pesion_commutation
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