https://www.taxtmi.com/acts?id=6680 A depositor may nominate up to three persons in Form E to receive amounts in account-A or account-B on the depositor's death; nominations are prohibited for accounts of minors, HUFs, firms, companies, associations, or bodies. Nominations, cancellations or variations must be registered to be effective and entered in the pass book or deposit receipt. If nominee is a minor, an appointee may receive the amount during minority. Multiple nominees confer entitlement to the first-named, with succession to subsequently named nominees if earlier nominees predecease the depositor, subject to proof of deaths. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 06 Mar 2009 10:05:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6680 A depositor may nominate up to three persons in Form E to receive amounts in account-A or account-B on the depositor's death; nominations are prohibited for accounts of minors, HUFs, firms, companies, associations, or bodies. Nominations, cancellations or variations must be registered to be effective and entered in the pass book or deposit receipt. If nominee is a minor, an appointee may receive the amount during minority. Multiple nominees confer entitlement to the first-named, with succession to subsequently named nominees if earlier nominees predecease the depositor, subject to proof of deaths. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6680