Legal Question in Investment Law in India
Does nominee of a demat account beccomes the sole owner of the holdings in demat account, as there are more than one legal heirs are alive?
Asked on 10/20/10, 4:43 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
no, nominee is just a trustee on behalf of other legal heirs as well.
Answered on 10/21/10, 1:38 am
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