minor to appoint, any person to become entitled to the shares in the event of his death during the minority of the nominee under ... minor to appoint, any person to become entitled to the shares in the event of his death during the minority of the nominee under
certain circumstances the Appellant
was made the guardian of the minor nominee Ms. Harshieka
Doshi by her now deceased mother, and the Deed of Nomination ... Appellant Yash Vardhan Mall was made
the guardian of the minor nominee. He has further argued that
guardianship of Appellant arising out of this nomination
event of his death:
Provided that where any nominee is a minor, it
shall be lawful for the policy-holder to appoint in the
prescri ... minor, the policy holder
may appoint any person to receive the money in the event of
his death during the minority of the nominee. That
more nominees all the nominees predecease, the holder
of the savings certificate making the nomination.
(3) Where the nominee is a minor, it shall ... thereon shall be made to the nominee.
(2) Where the nominee is a minor, payment of the sum due
thereon shall be made
Minority Institutions: The relaxation for B. Minority Institutions:
minority institutions can be availed as
prescribed by UGC/State Govt. from The relaxation for minority institu ... Institutes notified/
from minority communities, recom- declared as minority educational in-
mended by the Vice-Chancellor of the stitutions, two nominees of the chair-
affiliating
insured and if it is construed as a mere nomination, the nominee would have no more right than to receive the amount, subject ... concerned here with proviso to Sub-section (1) dealing with minor nominees. Sub-section (2) prescribes that nominations may be effected in two-ways
insured and if it is construed as a mere nomination, the nominee would have no more right than to receive the amount subject ... concerned here with proviso to Sub-section (1) dealing with minor nominees. Sub-section (2) prescribes that nominations may be effected in two ways
minor children. Obviously, the transactions were effected only as a Manager of the Hindu joint family and the minors were not eo nominee parties ... case where property belonging to a minor is alienated by his guardian, the minor becomes eo-nominee a party to the document and hence
event of his death:
Provided that where any nominee is a minor, it shall be lawful for the policy-holder to appoint in the prescribed ... policy in the event of his death during the minority of the nominee.
(2) Any such nomination in order to be effectual shall unless
varied or cancelled in the
prescribed manner.
(4) Where the nominee is a minor, it shall be lawful
for the holder of the shares ... event of his death,
during the minority.]
109B. TRANSMISSION OF SHARES.--
(1) Any person who becomes a nominee by virtue of
the provisions of section