Transferability of Bonds Ledger Account limited to nominee or legal heir upon holder's death under the deposit scheme. Transferability of a Bonds Ledger Account under the Pradhan Mantri Garib Kalyan Deposit Scheme is restricted to transfer only to the nominated person or, on the holder's death, to the legal heir.
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.
Transferability of Bonds Ledger Account limited to nominee or legal heir upon holder's death under the deposit scheme.
Transferability of a Bonds Ledger Account under the Pradhan Mantri Garib Kalyan Deposit Scheme is restricted to transfer only to the nominated person or, on the holder's death, to the legal heir.
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