Sovereign Gold Bond nomination cancellations and transfers require written registration, witness signatures, and official acknowledgment. Cancellation of nomination under the Sovereign Gold Bond Scheme requires a written cancellation specifying Stock Certificate/BLA number and original nomination details, signed by holder(s) and witnessed, and registered by the Public Debt Office/agency bank. Registration is acknowledged by an authorised official with a nomination registration number, which must be quoted in subsequent communications. For minor nominees, appointment of a person to receive amounts and bank account particulars are required. Substitution nominations cancel prior nominations upon registration.
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 cancellations and transfers require written registration, witness signatures, and official acknowledgment.
Cancellation of nomination under the Sovereign Gold Bond Scheme requires a written cancellation specifying Stock Certificate/BLA number and original nomination details, signed by holder(s) and witnessed, and registered by the Public Debt Office/agency bank. Registration is acknowledged by an authorised official with a nomination registration number, which must be quoted in subsequent communications. For minor nominees, appointment of a person to receive amounts and bank account particulars are required. Substitution nominations cancel prior nominations upon registration.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.