<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2010 (4) TMI 1169 - BOMBAY HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=194548</link>
    <description>A nomination under the Employees&#039; Provident Funds law authorises the nominee to receive provident fund , but it does not confer beneficial ownership or override succession law. The Court held that the term &quot;vests&quot; in Section 10(2) has limited effect, so the nominee holds the amount for transmission to the person legally entitled under succession. A contrary nomination cannot defeat the rights of the deceased member&#039;s heirs, and the provident fund amount remains part of the estate for succession purposes.</description>
    <language>en-us</language>
    <pubDate>Tue, 06 Apr 2010 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 13 Sep 2017 11:46:37 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=489149" rel="self" type="application/rss+xml"/>
    <item>
      <title>2010 (4) TMI 1169 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=194548</link>
      <description>A nomination under the Employees&#039; Provident Funds law authorises the nominee to receive provident fund , but it does not confer beneficial ownership or override succession law. The Court held that the term &quot;vests&quot; in Section 10(2) has limited effect, so the nominee holds the amount for transmission to the person legally entitled under succession. A contrary nomination cannot defeat the rights of the deceased member&#039;s heirs, and the provident fund amount remains part of the estate for succession purposes.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Tue, 06 Apr 2010 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=194548</guid>
    </item>
  </channel>
</rss>