Nomination rights for IDR holders: only individuals may nominate; transfer to nominee discharges company; filing required. Nomination vests rights and amounts payable in respect of IDRs in designated individual nominees; only individuals holding IDRs singly or jointly may nominate, with joint holders all required to sign. Minor nominees require guardian details. Nominations are rescinded upon transfer; transfer to a nominee is a valid company discharge. The Nomination Form must be filed in duplicate with the Domestic Depository, which returns one copy to the holder and sends a copy to the issuing company.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Nomination rights for IDR holders: only individuals may nominate; transfer to nominee discharges company; filing required.
Nomination vests rights and amounts payable in respect of IDRs in designated individual nominees; only individuals holding IDRs singly or jointly may nominate, with joint holders all required to sign. Minor nominees require guardian details. Nominations are rescinded upon transfer; transfer to a nominee is a valid company discharge. The Nomination Form must be filed in duplicate with the Domestic Depository, which returns one copy to the holder and sends a copy to the issuing company.
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