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        FEMA

        Regulation 8 - Nomination

        Foreign Exchange Management (Deposit) Regulations, 2016
        Chapter 01

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        Nomination facility permitted for deposits and accounts held by individuals, enabling authorised dealers to accept nominations under deposit regulations. Provision permits nomination facility for deposits and accounts governed by the Deposit Regulations, allowing authorised dealers to offer and accept nominations from individual account holders; it authorises but does not mandate provision of nomination services and contains no procedural prescriptions in the text provided.
                        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 facility permitted for deposits and accounts held by individuals, enabling authorised dealers to accept nominations under deposit regulations.

                              Provision permits nomination facility for deposits and accounts governed by the Deposit Regulations, allowing authorised dealers to offer and accept nominations from individual account holders; it authorises but does not mandate provision of nomination services and contains no procedural prescriptions in the text provided.


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