Supreme Court settles the rights of Nominees in Company Shares in succession matters: Shakti Yezdani vs. Jayanand Jayant Salgaonkar (2023) INSC 1076 (14 December 2023)

/ Companies Act, 1956, Companies Act, 1956 with Section 109A, Companies Act, 1956 with Section 109B, Depositories Act, 1996, Depositories Act, 1996 with Bye-law 9.11.7, Indian Succession Act, 1925, Intestate Succession, Testamentary Succession

Supreme Court Clarifies the Rights of Nominees vs. Legal Heirs in Company Shares Date of the Judgment: 14 December 2023 Citation: (2023) INSC 1076 Judges: Hrishikesh Roy, J., Pankaj Mithal, J. Can a nominee of shares in a company become the absolute owner of those shares upon the death of the shareholder, or do the […]

Supreme Court settles the rights of Nominees in Company Shares in succession matters: Shakti Yezdani vs. Jayanand Jayant Salgaonkar (2023) INSC 1076 (14 December 2023) Read Post »