Sovereign Gold Bond nomination lets a nominee receive bond payments on holder's death; minor appointment and cancellation procedures apply. Sovereign Gold Bond Scheme 2021-22 establishes a nomination process whereby the registered holder nominates persons to receive rights and payments on the holder's death, providing nominee particulars and bank details; for a minor nominee an adult appointee must be named. Nominations can substitute earlier nominations upon registration and are recorded with a nomination registration number by the Public Debt Office/agency bank. Form E permits cancellation of a registered nomination, requiring identification of the relevant Stock Certificate/BLA or ledger account and registration particulars.
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.
Sovereign Gold Bond nomination lets a nominee receive bond payments on holder's death; minor appointment and cancellation procedures apply.
Sovereign Gold Bond Scheme 2021-22 establishes a nomination process whereby the registered holder nominates persons to receive rights and payments on the holder's death, providing nominee particulars and bank details; for a minor nominee an adult appointee must be named. Nominations can substitute earlier nominations upon registration and are recorded with a nomination registration number by the Public Debt Office/agency bank. Form E permits cancellation of a registered nomination, requiring identification of the relevant Stock Certificate/BLA or ledger account and registration particulars.
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