Nomination under Government Savings Certificates Act: nominee entitled to proceeds on holder's death; guardian may be appointed for minors. Application form for nomination under Section 6 of the Government Savings Certificates Act, 1959, enabling registered certificate holder(s) to nominate person(s) who will be entitled to the certificates and payment on the holder's death; provision to appoint a named person to receive sums if the nominee is a minor; requires nominee details, certificate particulars, holder's signature or thumb impression, witnesses for illiterate holders, and post office acceptance by Postmaster signature and date stamp.
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 under Government Savings Certificates Act: nominee entitled to proceeds on holder's death; guardian may be appointed for minors.
Application form for nomination under Section 6 of the Government Savings Certificates Act, 1959, enabling registered certificate holder(s) to nominate person(s) who will be entitled to the certificates and payment on the holder's death; provision to appoint a named person to receive sums if the nominee is a minor; requires nominee details, certificate particulars, holder's signature or thumb impression, witnesses for illiterate holders, and post office acceptance by Postmaster signature and date stamp.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.